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Swiss Re streamlines insurers’ natural disaster response with AI

CIO

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. Late last year, Vasagiri’s property solutions division released a significant new tool to help its clients. trillion. “If

Insurance 246
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How AI can boost customer satisfaction, retention, and loyalty in the contact center

CIO

They have created a joint solution that combines Amazon Connect with additional features from IBM Consulting to optimize and personalize customer communication. This solution uses the power of AI to improve processes and operations in the contact center, launch new services, and increase customer satisfaction and loyalty.

AWS 305
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FDIC Releases Latest Information Regarding the Deposit Insurance Restoration Plan

Perficient

Since that blog was published, the FDIC has issued an update on its Restoration Plan for the Deposit Insurance Fund (DIF). The Federal Deposit Insurance Act (FDI Act) requires the FDIC Board to adopt a restoration plan when the DIF’s reserve ratio—the ratio of the fund balance relative to insured deposits—falls below 1.35

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Unlocking generative AI’s greatest growth opportunities

CIO

In fact, our team has been working with generative and conversational AI in complex professional services applications like insurance, banking, and healthcare for the better part of a decade, and we’ve learned some important lessons along the way. Where will the biggest transformation occur first?

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How strategic partnerships are the key to AI-driven innovation

CIO

Today, it is not enough just to innovate within one’s own vertical; to truly exploit the power of GenAI to transform workflows and drive competitive advantage, CIOs need to look outside their own organizations to get the scale, domain expertise, and speed required to develop fully integrated solutions.

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Patient data is at greater risk than ever. AI can help

CIO

Sensitive personal and medical information can be used in multiple ways, from identity theft and insurance fraud to ransomware attacks. Avanade brings to bear deep expertise of the Microsoft platform as well as sector specialists and repeatable implementation frameworks that reduce time to value.

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Revolutionizing Auto Insurance: How InsurTechs are Lowering Auto Insurance Costs with Usage-Based Policies

Trigent

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.