Remove Artificial Inteligence Remove Blockchain Remove Development Remove Insurance
article thumbnail

Insurance IT leaders herald new era for digital customer experience

CIO

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. IT as industry differentiator Insurers and financial services firms like MassMutual, of Springfield, Mass.,

Insurance 331
article thumbnail

Southeast Asia insurtech Igloo increases its Series B to $46M

TechCrunch

The newest round was led by the InsuResilience Investment Fund II, which was launched by the German development bank KfW for the German Federal Ministry for Economic Cooperation and is managed by impact investor BlueOrchard. Igloo develops its insurance products and then partners with insurers who underwrite their policies.

Insurance 236
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Digital listening reveals 3 leading innovation drivers

CIO

In six short months, ChatGPT propelled artificial intelligence (AI) into the minds and imaginations of the masses more than any other development since the term “AI” was coined in 1956. It surpasses blockchain and metaverse projects, which are viewed as experimental or in the pilot stage, especially by established enterprises.

article thumbnail

IT leaders grapple with shadow AI

CIO

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.

article thumbnail

10 emerging innovations that could redefine IT

CIO

Once wild and seemingly impossible notions such as large language models, machine learning, and natural language processing have gone from the labs to the front lines. The main constituency: Any developer who will happily trade a bit of precision for a big savings in electricity.

article thumbnail

Why is Now The Perfect Timing for Digital Transformation in Financial Services?

OTS Solutions

In plain language , when a company adopts new or develops technology to improve business performance, this is called “digital transformation. Various kinds of companies, from banks and insurance companies, have been around for 100 years. AI ( Artificial Intelligence ). Blockchain.

article thumbnail

10 Trends of Artificial Intelligence (AI) in 2020

iTexico

10 Trends of Artificial Intelligence (AI) in 2020. Artificial Intelligence (AI) has been predictable for decades, probably because the technology was associated with robots. The Convergence of Blockchain, IoT, and AI. Likewise, Blockchain can work closely with AI to address security, scalability, and trust issues.