TechCrunch

SEPTEMBER 19, 2022

The Indian capital market regulator has moved Digit’s IPO application to “abeyance,” it said in what is a disappointing development for the online insurer’s plan to go public. Indian market regulator puts insurer Digit’s $440 million IPO in ‘abeyance’ by Manish Singh originally published on TechCrunch.

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TechCrunch

NOVEMBER 11, 2021

Insurance lags behind other financial services in the adoption of digital technologies. Granted, a few unicorns have popped up from the modern digital insurance space such as Tractable and Lemonade; however , this sector hasn’t raced to the stage as quickly as say, payments or lending. Image Credits: Root. Image Credits: Root.

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TechCrunch

APRIL 28, 2021

Wunderite builds and sells software designed to help insurance agencies more rapidly process insurance applications, and automate some of their processes. MacDonald previously worked for his family’s insurance business, while Schnare earned insurance experience by working for a large player in the market.

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Insurance Software Marketing Industry 246

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

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 new application also allows employees to check its work, he adds. “In In the past, anybody could make a mistake easily.

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Dzone - DevOps

JULY 13, 2020

What they were really asking is “what type of insurance policy can an automation tool due to get the system back into a working state after an issue has been detected?”. I’ve heard “rollback” from CIOs, Directors of Operations, and VPs of Development.

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Insurance Policies Applications Technical Review 124

CIO

OCTOBER 20, 2023

Most companies’ digital journeys begin by migrating legacy applications to the cloud — the theory being that lifting and shifting workloads can provide a fast onramp to making good on services and capabilities unique to the cloud. But home and automobile insurance company Allstate is taking a different approach.

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CIO

APRIL 23, 2024

To illustrate, some examples: Applications portfolio rationalization : The most fundamental guiding principle of technical architecture management is to fill each required service exactly once. An unrationalized application portfolio, and for that matter poor rationalization of the other architecture layers, creates, in a word, “risks.”

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Insurance Artificial Intelligence Artificial Inteligence Architecture 258

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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Sunflower Lab

JANUARY 8, 2024

Managing insurance verification in hospitals, where a large number of patients visit daily, can be a time-consuming challenge. Recognizing this, our insurance verification service employs an innovative middleware bot to streamline the process. What Is Health Insurance Eligibility Verification?

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Confluent

SEPTEMBER 6, 2023

Using microservices, Confluent connectors, and stream processing on applicant data, historical data, actuarial tables, and predictive modeling to instantly generate insurance quotes.

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Dzone - DevOps

DECEMBER 7, 2023

Today, IBM mainframes host applications that run many of the world’s largest and most successful businesses. An estimated 10,000 mainframe systems are being used today for industries spanning banking, healthcare, insurance, retail, telecommunications, travel, and more. However, the cost of mainframe computing can be significant.

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Applications Telecommunications Linux Insurance 94

CIO

JANUARY 25, 2024

Other promising use cases for generative AI banking chatbots include guiding customers through loan applications, suggesting new financial products, advising on mortgage and debt repayment, and helping credit analysts by offering suggestions on loan underwriting. That is projected to reach $4.5 trillion, according to McKinsey.

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Industry Generative AI ChatGPT Insurance 245

Dataiku

DECEMBER 6, 2022

When it comes to the use of AI in insurance, a Dataiku-sponsored survey of executives revealed that insurers still have room to grow — only 7% of insurance companies surveyed are considered leaders.

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Insurance Survey Industry Applications 52

Cloudera

NOVEMBER 16, 2020

The insurance industry has a long and intimate relationship with fraud in many different ways. Insurance fraud can take place at a process or business function level, most notably in claims or underwriting. The different venues to commit fraud against an insurer are mind-boggling, with serious financial consequences.

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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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Cloudera

JANUARY 27, 2022

Insurers are increasingly adopting data from smart devices and related technologies to support and service their customers better. I have been researching more about how we can use the new data from those devices to design more innovative insurance products while being aware that these should all be contingent upon customer opt-in.

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Insurance Data Travel IoT 81

Hacker Earth Developers Blog

MARCH 5, 2019

Real-world applications of IoT can be found in several sectors: 1. The major application of IoT in healthcare has been in remote health monitoring or telehealth. Health insurance companies may find data capture by IoT-enabled wearables useful for detecting frauds and validating claims. Healthcare. Conclusion.

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IoT Internet Applications Innovation 283

CIO

JANUARY 3, 2024

One of the solutions aimed to improve customer experience and agent efficiency in insurance company contact centers by creating an automated summary of customer-agent calls and chats. The initiative used the AWS Cloud for deploying and scaling AI applications.

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CIO

APRIL 25, 2024

Carlson said zero-copy integration offers businesses a more efficient, secure, and user-friendly way to connect data to business applications compared with traditional ETL processes and data pipelines. With zero-copy support, the insurance company wouldn’t have to load that weather data into their platform.

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Network Data Generative AI Insurance 262

TechCrunch

DECEMBER 13, 2021

Launched in 2017, Fuse connects insurance companies with multiple distribution channels and partners to make insurance services accessible and affordable through its technology. Fuse uses mobile applications to offer an agent-focused service, B2A (Business to Agent/ Broker).

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CIO

FEBRUARY 20, 2024

Sensitive personal and medical information can be used in multiple ways, from identity theft and insurance fraud to ransomware attacks. Defending healthcare organisations As Rench points out, securing generative AI applications and using generative AI to enhance security needn’t be costly.

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Generative AI Healthcare Data Insurance 242

Newgen Software

JANUARY 28, 2024

Writing long codes to create applications is so yesterday. Cometh the “Low-code Application Development (LCAP) Platform” LCAP platforms simplify the entire application development cycle by enabling IT professionals and citizen developers to develop business applications rapidly without going through the traditional lengthy methods.

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Applications Development Compliance Government 52

Altexsoft

JUNE 14, 2021

In today’s society, insurers can no longer ignore the mounting expectations of customers. Clients now expect insurers to provide different levels of personalization that are fast, adaptable, and up to date. Is personalized insurance really the future of insurance? What is personalized insurance, and why is it important?

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Insurance Machine Learning Artificial Inteligence Policies 88

DXC

JULY 18, 2021

Many insurance companies are suffering from the negative effects of historically low interest rates in a low-growth business environment. A recent Computer Economics report shows the urgency for insurers […]. A recent Computer Economics report shows the urgency for insurers […].

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TechCrunch

MARCH 24, 2022

Smaller storms can still take up to five months for financing and repairs to be completed as the homeowner works with their mortgage company, insurance provider and contractor to get the work completed. Prior to starting Captain, Gray was an accountant in construction companies focused on insurance restoration work.

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Insurance Tools Technical Review Construction 246

Teradata

AUGUST 26, 2022

Is insurance immune from the surge in data-driven applications in other industries? Of course not, but why has there been such a slow uptake in data resources?

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Insurance Industry Course Resources 52

CIO

DECEMBER 7, 2023

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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Artificial Inteligence Off-The-Shelf Generative AI Artificial Intelligence 153

DXC

JULY 18, 2021

by Jeff Williams Many insurance companies are suffering from the negative effects of historically low interest rates in a low-growth business environment. The post 3 ways to modernize legacy insurance systems appeared first on DXC Blogs. A recent Computer Economics report shows the […].

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Insurance System Report Company 59

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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Disaster Recovery Insurance Artificial Inteligence 3D 288

Strategy Driven

JUNE 1, 2023

Business insurance certainly falls into that latter category. While it may feel like an unimaginative, irksome part of running a business, make no mistake: business insurance is essential. Failure to have the right insurance in place could cause major issues for your company down the line. This isn’t an easy decision.

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Small Business Insurance Industry Examples 36

DXC

JULY 11, 2021

Many insurance companies are suffering from the negative effects of historically low interest rates in a low-growth business environment. A recent Computer Economics report shows the urgency for insurers […]. A recent Computer Economics report shows the urgency for insurers […].

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Insurance System Report Company 52

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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Virtualization Artificial Inteligence Insurance Policies 227

Tandem

OCTOBER 19, 2020

We’re excited to announce that we will be accepting applications for our next cohort of software engineer apprentices starting Monday, October 26 ! Apprenticeship positions are full-time, salaried, and include health insurance and other benefits. The Code Challenge and Application. Application and code challenge submission.

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Software Engineering Software Review Programming Engineering 142

CIO

NOVEMBER 16, 2023

As an insurance company, we are quite data rich, so how do we take that rich data and convert it into valuable insights at scale, at speed, at the fingertips of our decision-makers? As part of your extreme automation pillar, you’re on a journey to simplify and modernize applications and data assets to drive speed, agility, and innovation.

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Crunchbase News

MAY 3, 2024

Those capabilities, it seems, are inspiring investors to back some fairly large rounds for startups developing digital tools with applications in climate-risk management. million for business models around managing insurance for climate-related damage and tracking climate risk for critical infrastructure. This week, two U.S.

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Software Insurance Analytics Energy 79

CIO

JULY 27, 2023

With the ability to instantaneously ingest reams of data using large language models (LLMs), generative AI technologies such as OpenAI’s ChatGPT and Google’s Bard can produce reports, contracts, and application code far surpassing earlier technologies in speed, accuracy, and thoroughness. Those early applications are now nearing fruition. “We

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