Perficient

FEBRUARY 28, 2024

With new risks, shifting market dynamics, and the unstoppable march of technology, the insurance industry finds itself at a crossroads. The imperative for transformation has never been clearer, and this is highlighted in Forrester’s report, The Future Of Insurance.

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N2Growth Blog

DECEMBER 26, 2023

Understanding the Evolving Role of Insurance Executives in Today’s Risk Landscape The role of insurance executives has significantly changed today’s risk landscape. Insurance executives must possess diverse skills and qualities to excel in this dynamic environment.

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The Accidental Successful CIO

JANUARY 25, 2023

However, now, industries as diverse as retailing, manufacturing, finance and insurance are taking advantage of new products that make it much easier for businesses to create AI tools specific to their needs. What All Of This Means For You CIOs have seen artificial intelligence (AI) coming for some time now.

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CIO

JUNE 19, 2024

Artificial intelligence, it is widely assumed, will soon unleash the biggest transformation in health care provision since the medical sector started its journey to professionalization after the flu pandemic of 1918. In future, this might disappear as AI-driven analytics makes predictions about viral evolution before it has happened.

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CIO

OCTOBER 18, 2023

Dutch insurance and asset management company Nationale-Nederlanden, part of the NN Group, has a presence in 19 countries and serves several million retail and corporate customers. Digitization vs tradition Although the insurance sector has a traditional image, that stopped being the case years ago, says Vaquero.

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CIO

NOVEMBER 16, 2023

In a career spanning such companies as IBM, KeyCorp, M&T Bank, and BMO, she has “answered the call” many times, most recently as CIO of The Hartford, where she is responsible for the overall strategy, vision, and execution of business technology, cyber, data analytics, and data science. Can you expand on that?

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Newgen Software

MAY 21, 2024

Despite providing financial protection and peace of mind, the insurance sector has long been criticized for its slow processing times, susceptibility to human error, and overall inefficiency. Intelligent Process Automation (IPA) helps insurers meet these expectations and address the sector’s long-standing challenges.

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Apiumhub

OCTOBER 8, 2020

Accentuare has recently published a report, and more than 80 percent of insurers believe that innovation has to be present for businesses that want to remain relevant. Here are some technology-related investment suggestions that you can target and take your insurance business to another level. Trend #4 – Big Data Analytics.

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Cloudera

FEBRUARY 18, 2021

We’ve written about the changes forced on the traditionally risk-averse insurance industry by COVID-19. In 2021, with the crisis hopefully fading, insurance will have time to evaluate the changes made in 2020, assessing what worked and what didn’t, and planning a new way forward rather than reacting in real time. .

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Trigent

SEPTEMBER 20, 2023

Usage-based insurance, often referred to as UBI, has shot to popularity due to its immense potential for insurers when it comes to customization and cost savings. In-car technologies and the surge in connected cars significantly contribute to the growing market size of usage-based insurance. percent between 2023 and 2032.

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Perficient

SEPTEMBER 19, 2023

The world’s largest gathering of insurance innovation, InsureTech Connect (ITC) , is right around the corner. And our team of industry experts is excited to connect, collaborate, and address the most pressing business needs of national and regional carriers. What Matters Most to Insurers in 2023?

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Perficient

OCTOBER 8, 2024

InsureTech Connect (ITC) , the world’s largest gathering of insurance innovation, is next week! Perficient Principal and Insurance Industry Lead Brian Bell is gearing up to attend yet another ITC. This year, our insurance experts anticipate applying AI strategies while being mindful of potential AI bias in the process.

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CIO

MAY 16, 2023

In six short months, ChatGPT propelled artificial intelligence (AI) into the minds and imaginations of the masses more than any other development since the term “AI” was coined in 1956. Conversations suggest that AI is already transforming most major industries. adult web users surveyed have used one or more generative AI tools.

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CIO

JULY 24, 2024

Things get quite a bit more complicated, however, when those models – which were designed and trained based on information that is broadly accessible via the internet – are applied to complex, industry-specific use cases. Our insurance LLM model, for example, the model contains two billion tokens for training.

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OTS Solutions

JULY 28, 2022

The financial services industry has changed a lot in the last few years due to innovations in mobile and digital apps and modern technology has made it easier for individuals to invest and borrow money. The future of the financial services industry is now digital, mobile, and data-driven. There will be more change.

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CIO

AUGUST 19, 2022

The traditional in-person process of insurance agents meeting with prospective customers to discuss policies, sign paperwork, and load it into the company’s client/server system came to a complete halt. Because we are an insurance company, what we are is a promise on a piece of paper,” says then-CIO Richard Gilbert. “We

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Hacker Earth

MARCH 29, 2018

Like every other industry, the global insurance sector, worth over $5 trillion, has undergone an immense overhaul because of disruptive technologies in recent years. According to PwC’s 2017 Global InsurTech Report, the challenges the insurance industry faces in their ability to innovate are. Artificial Intelligence.

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Perficient

OCTOBER 24, 2024

Artificial intelligence (AI) is poised to affect every aspect of the world economy and play a significant role in the global financial system, leading financial regulators around the world to take various steps to address the impact of AI on their areas of responsibility.

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Trigent

MARCH 29, 2023

The need for digital transformation has fuelled the demand for hyperautomation across industries , including banking and finance. New entrants dramatically impact the insurance landscape with diverse digital-first approaches , faster business model innovation , and agility. The answer lies in hyperautomation!

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CIO

AUGUST 29, 2022

“As the cleanest cloud in the industry, every one of our customers immediately transforms their IT carbon footprint the moment they operate on Google Cloud. Embedding sustainability across every part of the organization will result in not just better business practices, it will transform many industries, and create entirely new businesses.”.

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Perficient

OCTOBER 8, 2024

At Dreamforce 2024, Perficient explored the integration of Databricks and Salesforce Data Cloud, focusing on an insurance industry use case. Business Scenario: Insurance with Real-Time Customer Data The session featured a real-world auto insurance scenario. Missed Dreamforce? Don’t worry! 

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Datavail

SEPTEMBER 2, 2021

Moving data analytics to the cloud would be much simpler if it were a “lift and shift” process. Since that’s not possible when you’re moving analytics to the cloud, you need to be prepared for the challenges you’ll face. But, there are many players in the data analytics market. However, those challenges shouldn’t discourage you.

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Coforge

AUGUST 27, 2020

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Trigent

APRIL 27, 2022

Hartford HealthCare, a comprehensive and integrated healthcare system serving more than 17,000 people daily across its 400 locations, recently announced its decision to launch a novel research initiative with Ibex Medical Analytics. Intelligent diagnostics rely on Artificial Intelligence to create new pathways for healthcare.

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TechCrunch

MARCH 21, 2022

Glia made a name for itself originally providing CRM tools to the finance industry, and that is where it still counts the majority of its customers. The company — co-headquartered in New York and Tallinn, Estonia — has now raised more than $150 million overall, it said.

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Trigent

APRIL 28, 2021

The insurance industry is still exploring ways to leverage its capabilities to their full potential, those who have managed to make inroads are already experiencing extraordinary benefits. Considering that insurance is now an integral part of our lives, the benefits received from RPA adoption are enjoyed by insurers and customers.

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CIO

JANUARY 11, 2023

Critical IT skills, especially in cybersecurity, artificial intelligence, and machine learning, have long been in short supply, and the current labor shortage is intensifying the need for such professionals, Kirkwood notes. level talent while embracing the latest data mining, data analysis, and analytical tools.

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N2Growth Blog

OCTOBER 24, 2023

The Role of Executive Search Firms in the Finance Industry Executive search firms play a crucial role in the ever-evolving landscape of the finance industry. One of the key responsibilities of executive search firms is to thoroughly understand the specific needs and requirements of their finance industry clients as related to the role.

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Crunchbase News

FEBRUARY 16, 2024

AI-enabled healthcare There’s a lot of funding for nascent companies at the intersection of artificial intelligence and healthcare. New York-based Jona wants to use artificial intelligence to uncover links between the microbiome and health. Some of the largest financings went to image and analytics providers.

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CIO

FEBRUARY 13, 2023

This includes spending on strengthening cybersecurity (35%), improving customer service (32%) and improving data analytics for real-time business intelligence and customer insight (30%). And there’s a labor shortage in those industries so [the focus is on] more automation and more AI.” It’s all about uptime and input.

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Coforge

JANUARY 14, 2021

Embracing Machine Vision in Insurance to Remain Competitive. When it comes to the possibilities of AI & ML in the insurance space, machine vision is an expected choice for the insurance carriers as they look for a plethora of information in order to assess the risk and make decisions accordingly. Thu, 01/14/2021 - 19:32.

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Crunchbase News

MAY 3, 2024

million for business models around managing insurance for climate-related damage and tracking climate risk for critical infrastructure. New York-based Arbol, which pitches tools that rely on climate data to speed insurance payments, picked up $60 million in a Series B co-led by Giant Ventures and Opera Tech Ventures. trillion and $3.1

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TechCrunch

NOVEMBER 4, 2021

Today, a startup that has built a real-time behavioral analytics tool is announcing funding as it sees demand for its services increase. Neuro-ID’s human analytics dashboard. The behavioral analytics also enables customers to see and use behavioral data to optimize existing AI/ML models. Image Credits: Neuro-ID.

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TechCrunch

MARCH 7, 2022

But in Uganda, the industry had already taken off, albeit slowly, through Rocket Health , a startup working to transform the delivery of medical care using technology. The opportunities are countless, from data analytics to innovative distribution channels.”. Image Credits: Rocket Health.

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TIBCO - Connected Intelligence

JUNE 11, 2021

All kinds of industries—manufacturing, government, energy—are going digital, cutting out paper and manual processes, being accessible 24/7, and making experiences more customer-centric. But what about insurance? Insurance has always been an information-rich industry, but it’s not always been associated with digital efficiency.

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Coforge

FEBRUARY 5, 2021

Healthcare Payer Industry Trends. Healthcare is an essential, dynamic, and opportunity-rich industry. The end goal is an enterprise delivering seamless experience to its stakeholders despite the challenges and we are here to help you in this journey towards a transformed future aligning with the following industry trends.

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Capgemini

JULY 24, 2024

The strong, mature, and innovative technology of Microsoft, combined with Capgemini’s industry and transformational expertise creates valuable business results for our clients. The recognition isn’t merely about the accolade itself: it’s a testament to dedication, creativity, and relentless pursuit of excellence.

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