CIO

JUNE 13, 2023

The pace of innovation is relentless. 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 next generation promises to deliver the same unstoppable parade of innovation. Or maybe just ten or five or one?

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Coforge

AUGUST 27, 2020

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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. They are no longer responsible for managing risk but also for driving innovation, enhancing customer experiences, and achieving sustainable growth.

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CIO

NOVEMBER 8, 2023

The Fortune 500 company, born an insurer in Des Moines, Iowa, roughly a decade after the Civil War ended, is under pressure to provide customers with an integrated experience, particularly due to its expanded financial services portfolio, including the acquisition of Wells Fargo’s Institutional Retirement and Trust (IRT) business, Kay says.

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TechCrunch

MAY 17, 2023

The funding was led by Tokio Marine, Japan’s first insurance company, and life insurance leader MetLife through its subsidiary MetLife Next Gen Ventures. Embedded means insurance or protection products that are embedded into the customer experience as they buy a product or sign up for a service.

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Hacker Earth Developers Blog

MAY 22, 2020

In our third episode of Breaking 404 , we caught up with Srivatsan Ramanujam, Director of Software Engineering: Machine Learning, Salesforce to discuss everything about Machine Learning and the best practices for ML engineers to excel in their careers. Again, focus on Data Science and Machine Learning.

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TechCrunch

NOVEMBER 28, 2022

The first tranche of $19 million was announced in March, and led by Cathay innovation with participation from ACA and returning investors OpenSpace. Other lead investors were the Women’s World Banking Asset Management (WAM), FinnFund, La Maison and returning investors Cathay Innovation.

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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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CIO

NOVEMBER 16, 2023

She also shared some of the lessons she’s learned about taking risks, navigating complexity, fostering an innovative culture, and creating significant impact across the business. 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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Perficient

SEPTEMBER 19, 2023

The world’s largest gathering of insurance innovation, InsureTech Connect (ITC) , is right around the corner. Following last year’s conference, Perficient Insurance Principal Brian Bell shared three key takeaways from the 2022 event: First, data and analytics investments still topped many insurers’ list of operational priorities.

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Coforge

OCTOBER 20, 2023

Microsoft Copilot is an innovative technology that uses artificial intelligence (AI) and machine learning to streamline operations, enhance decision-making abilities, and improve customer experiences. Ideally suited for Insurance carriers to further improve profitability, productivity, and service.

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CIO

FEBRUARY 16, 2024

For most organizations, a shift to the cloud brings scalability, access to innovative tools, and the possibility of cost savings. These HCM services include applicant tracking, compensation, talent, and learning management, as well as insurance and retirement services. An early partner of Amazon, the Roseburg, N.J.-based

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TechCrunch

MARCH 7, 2023

All said, Assured Allies joins with insurtech companies around the world that did manage to secure some decent funding recently, including Equisoft , Naked Insurance , Turaco and Acko. It has been proven to reduce the cost of long-term insurance claims by roughly 20%, Nahir told TechCrunch. Akilia Partners and Samsung Next.

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Artificial Inteligence Insurance Artificial Intelligence Machine Learning 237

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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TechCrunch

MAY 13, 2022

Like many legacy markets poised for change, the insurance industry has already seen its first wave of innovation. brought a centuries-old product into the digital era by giving customers a way to apply for insurance online. That’s because insurance, fundamentally, is about risk.

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TechCrunch

MAY 28, 2021

the concept of using a driver’s data to decide the cost of auto insurance premiums is not a new one. A new startup called Justos claims it will be the first Brazilian insurer to use drivers’ data to reward those who drive safely by offering “fairer” prices. The process to get insurance in the country, by any accounts, is a slow one.

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Hacker Earth Developers Blog

MARCH 5, 2019

Health insurance companies may find data capture by IoT-enabled wearables useful for detecting frauds and validating claims. Automotive telematics involves tracking driver behavior for various purposes, such as learning where and when people drive and determining accurate insurance premiums. Industrial IoT. Conclusion.

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Trigent

MARCH 29, 2023

The insurance sector has been one of the early adopters of advanced technologies such as artificial intelligence (AI), robotic process automation (RPA), and machine learning (ML) which played a pivotal role in managing complex tasks during the pandemic. The answer lies in hyperautomation!

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Cloudera

FEBRUARY 18, 2021

We’ve written about the changes forced on the traditionally risk-averse insurance industry by COVID-19. In 2021, with the crisis hopefully fading, insurance will have time to evaluate the changes made in 2020, assessing what worked and what didn’t, and planning a new way forward rather than reacting in real time. .

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TechCrunch

NOVEMBER 19, 2021

Today, an insurance startup called Kettle that believes it has built a better product — specifically, reinsurance underwriting product to insure insurers — to account for catastrophic events like these, by way of better data science, is announcing some funding on the heels of (sadly) more need for its services.

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Capgemini

APRIL 21, 2021

Prior to the ongoing COVID-19 pandemic, the insurance industry was working hard to overcome the perception of being antiquated and out of touch. Today, the challenges presented by a global health and economic crisis have insurance organizations scrambling to fully support a monumental shift in customer risk needs, demands, and expectations.

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Innovation Insurance Artificial Inteligence Artificial Intelligence 52

N2Growth Blog

APRIL 29, 2021

We are witnessing the creation of an entirely new paradigm, a fierce wave of technological innovation boosting generations of new businesses and business leaders. Blockchain, machine learning, artificial intelligence, augmented reality, 3D printing, and robotics are among the most important technologies of today’s rapidly changing world.

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CIO

FEBRUARY 13, 2023

CIOs anticipate an increased focus on cybersecurity (70%), data analysis (55%), data privacy (55%), AI/machine learning (55%), and customer experience (53%). Dental company SmileDirectClub has invested in an AI and machine learning team to help transform the business and the customer experience, says CIO Justin Skinner.

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TechCrunch

JANUARY 18, 2022

This current round was led by Johnson & Johnson Innovation and Novo Growth. New investors include Merck Global Health Innovation Fund, THVC and Breyer Capital. . However, experts have also raised concerns that de-identified data could be “re-identified” through a combination of machine learning or combination with other data sets.

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TechCrunch

OCTOBER 4, 2021

In a nutshell, Stable wants to give businesses — particularly those in the $8 trillion food and farming industry — a way to purchase insurance to protect themselves from potential volatility in commodity prices. The 50-person company is a regulated insurance business that works with “A-rated” re-insurers to take on the risk.

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CIO

JULY 26, 2023

As for Keller Williams, Chief Technology and Digital Officer Chris Cox sees the cloud as an engine for innovation. “We And the crew is using AWS SageMaker machine learning (ML) to give its agents the best local leads and prospective buyers. Will the real estate industry become wholly consumer-driven like CarMax ?

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Coforge

JANUARY 14, 2021

Embracing Machine Vision in Insurance to Remain Competitive. When it comes to the possibilities of AI & ML in the insurance space, machine vision is an expected choice for the insurance carriers as they look for a plethora of information in order to assess the risk and make decisions accordingly.

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Apiumhub

OCTOBER 8, 2020

Accentuare has recently published a report, and more than 80 percent of insurers believe that innovation has to be present for businesses that want to remain relevant. Here are some technology-related investment suggestions that you can target and take your insurance business to another level. Trend #3 – Machine Learning.

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TechCrunch

OCTOBER 15, 2020

Savana , a machine learning-based service that turns clinical notes into structured patient information for physicians and pharmacists, has raised $15 million to take its technology from Spain to the U.S., the company said. The company has already processed 400 million electronic medical records in English, Spanish, German and French.

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Altexsoft

SEPTEMBER 7, 2021

Insurance companies find it difficult to attract new customers and retain them, especially when almost every insurer offers the same service or product. It’s also challenging since insurance is a low-touch industry, and insurers seldomly interact with their customers. The customer loyalty problem in insurance.

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CIO

OCTOBER 9, 2023

Achieving operational excellence while deploying innovative technologies is not an either/or proposition as far as Christian Mate is concerned. Both are critical for meeting the responsibilities of the job of CIO, which requires the staid mantra of “keep the lights on” while concentrating on the more exciting innovating for growth, he says.

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TechCrunch

MARCH 21, 2022

We believe that the pathway from subsistence farming to farming as a business means partnering with that farmer and using our machine learning models to identify the farmers with the best prospects of graduating to higher-profitability crops.”. Image Credits: Zafaran Photography.

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CIO

MARCH 7, 2024

Patricia was previously the CISO at Markel Insurance, Freddie Mac, Symantec, and Unisys, and her insights have always been extremely valuable to her peers. Some organizations are including machine learning in the category, which makes the AI conversation more inclusive. Many CISOs are missing a mindset for innovation.

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TechCrunch

FEBRUARY 28, 2022

While many lament government regulation as an infringement on innovation, I believe increased scrutiny is a net positive for the future of the software industry. anti-competitive practices that stifled innovation, as was the case with AT&T, IBM, Microsoft and today’s tech titans) rather than how their software operated.

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Altexsoft

FEBRUARY 5, 2019

These recommendations would have four main goals – promote American innovation and investment in AI to ensure competitiveness in the global market; address the needs of the American workforce in terms of adapting to AI developments; support the development of “unbiased AI”; and protect individual privacy rights. And it’s about time.

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Tenable

FEBRUARY 22, 2024

Taking a proactive approach to cybersecurity through continuous monitoring of exposures helps organizations reduce their attack surface and, in some cases, their cyber insurance premiums, so the vulnerability management solution pays for itself." IDC Recommendation: Utilize machine learning for identifying unusual configurations.

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TIBCO - Connected Intelligence

MARCH 16, 2021

The insurance industry stands at the threshold of profound change. With a rise in digitalization, insurers have an incredible opportunity to drive more personalized offerings, reduce costs, and significantly boost competitiveness. How can insurance companies digitally innovate and succeed in this new dynamic environment?

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