CIO

MAY 10, 2024

The bill defines consequential decision as being any decision “that has a material legal or similarly significant effect on the provision or denial to any consumer,” which includes educational enrollment, employment or employment opportunity, financial or lending service, healthcare services, housing, insurance, or a legal service.

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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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TechCrunch

MAY 17, 2021

Over the years, the challenge of helping consumers more easily find car insurance was in the back of his mind. The Palo Alto-based startup launched a car insurance comparison service using artificial intelligence and machine learning in January 2019. Jerry is out to change that.”. Image Credits: Jerry.

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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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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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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. He pointed to Russia sponsoring cyberattacks on U.S.

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TechCrunch

MAY 17, 2023

The funding was led by Tokio Marine, Japan’s first insurance company, and life insurance leader MetLife through its subsidiary MetLife Next Gen Ventures. Embedded means insurance or protection products that are embedded into the customer experience as they buy a product or sign up for a service.

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Coforge

AUGUST 27, 2020

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UruIT

MAY 7, 2021

Some time ago, a team of Innovation and Machine Learning experts started working in Cogniflow: a no-code Machine Learning platform that makes it easier than ever to build solutions that involve Artificial Intelligence. The magic of Artificial Intelligence! AAA: Android Application Analyzer.

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Coforge

OCTOBER 20, 2023

Microsoft Copilot is an innovative technology that uses artificial intelligence (AI) and machine learning to streamline operations, enhance decision-making abilities, and improve customer experiences. Ideally suited for Insurance carriers to further improve profitability, productivity, and service.

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TechCrunch

MARCH 7, 2023

All said, Assured Allies joins with insurtech companies around the world that did manage to secure some decent funding recently, including Equisoft , Naked Insurance , Turaco and Acko. It has been proven to reduce the cost of long-term insurance claims by roughly 20%, Nahir told TechCrunch. Akilia Partners and Samsung Next.

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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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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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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

NOVEMBER 28, 2022

Igloo develops its insurance products and then partners with insurers who underwrite their policies. Igloo currently works with 20 global, regional and local insurers across Southeast Asia. It distributes its insurance products through partnerships, and is partnered with over 55 companies in 7 countries.

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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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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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The Accidental Successful CIO

SEPTEMBER 21, 2022

It turns out that it’s hard to find the right people to do machine learning Image Credit: deepak pal. The good news is that there is new technology that is available to allow this to be done: machine learning. The bad news is that this machine learning stuff requires smart people to implement it.

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The Accidental Successful CIO

SEPTEMBER 22, 2021

The person with the CIO job understands that the future belongs to artificial intelligence (AI). However, at banks, insurers and other financial companies their use of artificial intelligence is being especially hampered by a scarcity of data and talent. Learn what you need to know to do the job.

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TechCrunch

JULY 20, 2021

Alex Dalyac is the CEO and co-founder of Tractable , which develops artificial intelligence for accident and disaster recovery. Here’s how we did it, and what we learned along the way. In 2013, I was fortunate to get into artificial intelligence (more specifically, deep learning) six months before it blew up internationally.

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Altexsoft

JULY 23, 2020

When speaking of machine learning, we typically discuss data preparation or model building. The fusion of terms “machine learning” and “operations”, MLOps is a set of methods to automate the lifecycle of machine learning algorithms in production — from initial model training to deployment to retraining against new data.

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O'Reilly Media - Data

JUNE 5, 2018

Artificial intelligence is still in its infancy. Today, just 15% of enterprises are using machine learning, but double that number already have it on their roadmaps for the upcoming year. So what should an organization keep in mind before implementing a machine learning solution?

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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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Perficient

SEPTEMBER 19, 2023

The world’s largest gathering of insurance innovation, InsureTech Connect (ITC) , is right around the corner. Following last year’s conference, Perficient Insurance Principal Brian Bell shared three key takeaways from the 2022 event: First, data and analytics investments still topped many insurers’ list of operational priorities.

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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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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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TechCrunch

JUNE 16, 2021

As the insurance industry adjusts to life in the 21st century (heh), an AI startup that has built computer vision tools to enable remote damage appraisals is announcing a significant round of growth funding. You’re dealing with so many touch points with your insurance, so many people that need to come and check things out again.

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TechCrunch

OCTOBER 24, 2021

Justos , a startup that says it will be the first insurance company in Brazil to use data when determining rates, has raised a $35.8 The process to get insurance in the country, by any accounts, is a slow one. It takes up to 72 hours to receive initial coverage and two weeks to receive the final insurance policy.

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UruIT

OCTOBER 15, 2018

Intimidated by Artificial Intelligence? We’ll break it down in this Introduction to Machine Learning Guide. From enhancing user experiences to achieving greater operational excellence, the use of artificial intelligence is ubiquitous. Looking for some help with your next machine learning/AI project?

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TechCrunch

JANUARY 25, 2021

Pula , a Kenyan insurtech startup that specialises in digital and agricultural insurance to derisk millions of smallholder farmers across Africa, has closed a Series A investment of $6 million. Agriculture insurance has traditionally relied on farm business. or Europe with typically large farms, an average insurance premium is $1,000.

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Trigent

MARCH 29, 2023

The insurance sector has been one of the early adopters of advanced technologies such as artificial intelligence (AI), robotic process automation (RPA), and machine learning (ML) which played a pivotal role in managing complex tasks during the pandemic. The answer lies in hyperautomation!

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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. Using machine learning, organizations can detect such security breaches with ease. Machine Learning Use Cases: iTexico's HAL.

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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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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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CIO

FEBRUARY 13, 2023

CIOs anticipate an increased focus on cybersecurity (70%), data analysis (55%), data privacy (55%), AI/machine learning (55%), and customer experience (53%). Dental company SmileDirectClub has invested in an AI and machine learning team to help transform the business and the customer experience, says CIO Justin Skinner.

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Altexsoft

NOVEMBER 17, 2021

So businesses employ machine learning (ML) and Artificial Intelligence (AI) technologies for classification tasks. Namely, we’ll look at how rule-based systems and machine learning models work in this context. An example of document structure in healthcare insurance. Source: affine.ai.

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TechCrunch

MARCH 21, 2022

It says that more than 250 banks, credit unions, insurance companies and other financial services businesses currently use its tools to help its customer service teams field support questions — and, because so much customer service is interlinked with sales these days, potentially upsell those customers to more services.

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