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How strategic partnerships are the key to AI-driven innovation

CIO

Innovate or die,” Peter Drucker’s 1985 exhortation on the importance of constant reinvention, was great business advice for the last 40 or so years. This can be particularly challenging in heavily regulated industries such as healthcare, insurance, and finance. Artificial Intelligence

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Unlocking the Potential: Assessing Large Language Models for the Insurance Industry

John Snow Labs

As the insurance industry embraces digital transformation, cutting-edge technologies are reshaping the way we approach challenges and opportunities. Among these, Large Language Models (LLMs) have emerged as a powerful and promising innovation with vast potential to revolutionize various aspects of the insurance business.

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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.,

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Expion Health revamps its RFP process with AI

CIO

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 ExpionIQ Advisor project has earned Expion Health a 2024 CIO Award for IT leadership and innovation.

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Navigating The Complex Waters of Insurance Executive Search: A Strategic Guide

N2Growth Blog

Crafting the Future: The Significance of Selecting the Right Insurance Executive In today’s fast-paced and ever-evolving business environment, securing the right insurance executive is more than a mere hiring decision —it’s a pivotal investment in the company’s future.

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Demystifying Artificial Intelligence (AI) and Generative AI

Newgen Software

Artificial intelligence (AI) has made its presence felt across all domains. The latest to jump onto the artificial intelligence (AI) bandwagon is Generative AI (GenAI). For many, GenAI served as their gateway to understanding the expansive and transformative world of artificial intelligence (AI).

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6 VCs explain why embedded insurance isn’t the only hot opportunity in insurtech

TechCrunch

If you think embedded insurance is the only hot thing in insurtech these days, we’ve got a surprise in store for you: While it’s true that startups that help sell insurance together with other products and services are enjoying tailwinds, there are plenty of other opportunities in the space, several investors told TechCrunch+.

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