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Marsh McLennan IT reorg lays foundation for gen AI

CIO

One of the world’s largest risk advisors and insurance brokers launched a digital transformation five years ago to better enable its clients to navigate the political, social, and economic waves rising in the digital information age. Simultaneously, major decisions were made to unify the company’s data and analytics platform.

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Marsh McLellan IT reorg lays foundation for gen AI

CIO

One of the world’s largest risk advisors and insurance brokers launched a digital transformation five years ago to better enable its clients to navigate the political, social, and economic waves rising in the digital information age. Simultaneously, major decisions were made to unify the company’s data and analytics platform.

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Cowbell raises $100M to build out its AI-based cyber insurance platform for SMBs

TechCrunch

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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Use of AI in Transforming Insurance Underwriting

Newgen Software

To evolve into the insurer of tomorrow, insurance has to transition from its reactive state of ‘identify and repair’ to a proactive ‘foresee and prevent’ approach. AI isn’t new in insurance with various use cases evident in processes like data forecasting, risk modeling, and claims handling.

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Digital listening reveals 3 leading innovation drivers

CIO

The industries these decision-makers represented include insurance, banking, healthcare and life sciences, government, entertainment, and energy in the U.S. The listening centered on conversations about emerging technologies and use cases associated with innovation, such as artificial intelligence, metaverse, blockchain, robotics, Web 3.0,

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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.

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Big Data in Healthcare: Sources and Real-World Applications

Altexsoft

In this article, we will explain the concept and usage of Big Data in the healthcare industry and talk about its sources, applications, and implementation challenges. What is Big Data and its sources in healthcare? So, what is Big Data, and what actually makes it Big? Let’s see where it can come from.

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