CIO

FEBRUARY 6, 2023

The insurance industry is undergoing a sea change, with IT playing a crucial role in rolling out digital customer experiences for policyholders and agents, as in-person meetings all but vanish in the post-pandemic era. We are paying very close attention to trends from a customer perspective.

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CIO

JULY 31, 2023

Natural disasters have been increasing in frequency, severity, and diversity in recent years, pressuring insurers to be more efficient and to anticipate event and claim fallout. Second, RDA addresses post-NatCat planning to help insurers’ prioritize property inspections. trillion.

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CIO

FEBRUARY 16, 2024

But things have gotten a little more complicated now, as the large-scale roll-out of generative artificial intelligence (GenAI) has introduced the need for a multidisciplinary approach to innovation. This can be particularly challenging in heavily regulated industries such as healthcare, insurance, and finance.

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Newgen Software

JANUARY 25, 2022

Artificial intelligence (AI) is fast transforming how we work, think, and even live. Today, many industry leaders are hailing AI as one of the most revolutionary technological breakthroughs of all time. The post Leading with Artificial Intelligence appeared first on Newgen.

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CIO

DECEMBER 27, 2023

Highly regulated, customer-centric, and dependent on layers of human involvement and manual processes, financial services are ripe for automation through artificial intelligence (AI). Generative AI is starting off a new age of exploration in IT,” says Frank Schmidt, CTO at insurance firm Gen Re.

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CIO

DECEMBER 7, 2023

Over the last year, generative AI—a form of artificial intelligence that can compose original text, images, computer code, and other content—has gone from experimental curiosity to a tech revolution that could be one of the biggest business disruptors of our generation. Artificial Intelligence

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N2Growth Blog

OCTOBER 12, 2023

Crafting the Future: The Significance of Selecting the Right Insurance Executive In today’s fast-paced and ever-evolving business environment, securing the right insurance executive is more than a mere hiring decision —it’s a pivotal investment in the company’s future.

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TechCrunch

SEPTEMBER 1, 2021

How many of us have not switched insurance carriers because we don’t want to deal with the hassle of comparison shopping? Insurify has built a machine learning-based virtual insurance agent that integrates with more than 100 carriers to digitize — and personalize — the insurance shopping experience.

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Perficient

FEBRUARY 27, 2024

This blog was co-authored by Perficient’s Insurance Principal and expert: Brian Bell As we step into 2024, the insurance industry faces significant transformations driven by technological advancements and evolving customer expectations. Leveraging cloud technology for streamlined operations and enhanced scalability.

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TechCrunch

MARCH 15, 2022

Cybercrime is on the rise, and today an insurance startup that’s built an artificial intelligence-based platform to help manage the risks from that is announcing a big round of funding to meet the opportunity. “Underwriting cyber insurance for SMEs is a more dire prospect than for large enterprises,” he said.

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TechCrunch

MARCH 29, 2023

If you think embedded insurance is the only hot thing in insurtech these days, we’ve got a surprise in store for you: While it’s true that startups that help sell insurance together with other products and services are enjoying tailwinds, there are plenty of other opportunities in the space, several investors told TechCrunch+.

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Tenable

OCTOBER 27, 2023

Check out how organizations’ enthusiasm over generative AI is fueling artificial intelligence adoption for cybersecurity. In addition, learn about a new set of best practices for protecting cloud backups. Plus, how CISA plans to revamp the U.S. government’s cyber incident response plan. Specifically, Corvus observed a 95.4%

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CIO

MAY 8, 2024

On behalf of insurance carriers, pharmacy benefit managers, and other healthcare payers, Expion negotiates prices with pharmacies and medical practices based on volume discounts and other factors. The two teams also conducted focus sessions to validate the logic and finalize the model, he adds.

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TechCrunch

APRIL 12, 2022

Processing claims at scale presents a challenge for insurers, particularly where the claims entail factors like complex underlying health conditions. A growing cohort of startups including Alan, Tractable and Snapsheet offer tools to help customers navigate through the insurance claims process. ” Accelerating insurance claims.

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Altexsoft

OCTOBER 22, 2021

In this post, we’ll explain what deep learning is, how it works, how it’s different from traditional machine learning, and what areas it can be applied within. Get ready because you’re about to go deep into deep learning. What is deep learning? Artificial intelligence vs machine learning vs deep learning.

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iTexico

OCTOBER 11, 2019

10 Trends of Artificial Intelligence (AI) in 2020. Artificial Intelligence (AI) has been predictable for decades, probably because the technology was associated with robots. Now, every enterprise, irrespective of their size or industry type, wants in on this promising technology. AI-Driven Media and Entertainment.

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Perficient

MAY 30, 2024

Health insurers from every corner of the country are set to assemble in Las Vegas for the 2024 AHIP conference —and here at Perficient, we’re excited to have two of our colleagues attending as well. I’ve been in this industry for over 20 years and I always want to keep learning!

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TechCrunch

AUGUST 10, 2021

He also said the company “ continues to meet and exceed growth and revenue targets” with its first product, a service for comparing and buying car insurance. AI-powered Jerry raises $28M to help you save money on car insurance. Although Jerry also offers a similar product for home insurance, its focus is on car ownership.

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Artificial Inteligence Insurance Artificial Intelligence Comparison 252

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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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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TechCrunch

SEPTEMBER 16, 2022

Will Ross and William Steenbergen were AI researchers at Stanford working on climate and atmospheric modeling and reinforcement learning, respectively, when they began to collaborate on wildfire modeling and hurricane modeling initiatives for the insurance industry. Image Credits: Federato.

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Coforge

AUGUST 27, 2020

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Artificial Inteligence Machine Learning Insurance Artificial Intelligence 52

Crunchbase News

OCTOBER 1, 2024

Safe Superintelligence , $1B, artificial intelligence: AI research lab Safe Superintelligence raised $1 billion from a litany of big-name investors including Andreessen Horowitz and Sequoia Capital. Glean , $260M, artificial intelligence: Less than seven months after raising a more than $200 million Series D at a $2.2

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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. Within this, basic processes such as assessing AI guardrails could quickly turn out to be hugely complex.

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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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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. AI and Data Cloud Advancements Eric and J.R.

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N2Growth Blog

APRIL 17, 2023

Today, I will highlight some similarities in the insurance and finance industry and contrast them to Formula 1. Formula 1 racing is an industry built on speed, innovation, and teamwork. This article will explore the trends and challenges– and compare these industries.

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TechCrunch

MARCH 11, 2021

If you’ve ever had to file a claim with your insurance company, you know that it’s not exactly fun. And if you’ve ever had to file an auto or home insurance claim, you know that all the back and forth with your carrier and the various vendors can take up so much time.

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CIO

JUNE 21, 2024

Artificial intelligence (AI) capabilities, when properly deployed, can dramatically simplify both the front- and back-end work that this portal modernization needs. This makes it difficult to both modernize this critical interaction and satisfy regulatory demands.

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CIO

JANUARY 3, 2024

That is why artificial intelligence (AI) is playing a key role in enhancing and personalizing customer communication in the contact center. AI can help optimize processes in many different ways, for example: customers’ speech and text into different languages, dialects, or accents.

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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 #3 – Machine Learning.

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TechCrunch

MAY 28, 2021

the concept of using a driver’s data to decide the cost of auto insurance premiums is not a new one. A new startup called Justos claims it will be the first Brazilian insurer to use drivers’ data to reward those who drive safely by offering “fairer” prices. The process to get insurance in the country, by any accounts, is a slow one.

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CIO

NOVEMBER 16, 2023

As part of your enterprise AI pillar, you use the phrase ‘information advantage’ to signify a strategy of leveraging data, advanced analytics, and machine learning to unlock value for your business and customers. As we look at the future of insurance, new risks are emerging. Can you expand on that?

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Tenable

JANUARY 26, 2024

Cyber agencies from multiple countries published a joint guide on using artificial intelligence safely. 1 - Using AI securely: Global cyber agencies publish new guide Is your organization – like many others – aggressively adopting artificial intelligence to boost operational efficiency? And much more!

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TechCrunch

JANUARY 13, 2021

Car auto-insurance from legacy providers has structural bias built into it. It uses metrics such as credit score, income, marital status and education to figure out insurance rates, which eventually disproportionately hurts low-income individuals through high rates and low protection. How to rewrite the rules.

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Toptal

JULY 27, 2017

However, professionally, the larger question is how industries will harness the power of AI. In finance, AI offers opportunities for operational efficiencies in everything from risk management and trading to insurance underwriting.

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Newgen Software

FEBRUARY 21, 2024

Generative artificial intelligence (GenAI) is perhaps one of the most disruptive and biggest technological advancements since the launch of the iPhone. Every industry is evaluating ways to utilize this tech to simplify their operations and boost businesses, and the insurance industry is not far behind.

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