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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Coforge

AUGUST 27, 2020

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Artificial Inteligence Machine Learning Insurance Artificial Intelligence 52

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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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. Bolttech’s Series B is closed to new interest from the market, but we continue to engage with the investor community in case of future opportunities,” he told TechCrunch.

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Insurance Artificial Inteligence Artificial Intelligence Generative AI 245

Tenable

FEBRUARY 22, 2024

The research firm’s latest report also provides market insights that security professionals can use to improve their vulnerability management strategy. For the fifth consecutive year, Tenable ranks first in market share. IDC Recommendation: Utilize machine learning for identifying unusual configurations.

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Marketing Machine Learning Artificial Inteligence IoT 120

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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Machine Learning Artificial Inteligence Software Engineering Engineering 130

TechCrunch

AUGUST 10, 2021

“What factored into the current valuation is our annual recurring revenue, growing customer base and total addressable market,” he told TechCrunch, declining to be more specific about ARR other than to say it is growing “at a very fast rate.” AI-powered Jerry raises $28M to help you save money on car insurance. “The U.S.

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Artificial Inteligence Insurance Artificial Intelligence Comparison 252

Altexsoft

JULY 23, 2020

When speaking of machine learning, we typically discuss data preparation or model building. The fusion of terms “machine learning” and “operations”, MLOps is a set of methods to automate the lifecycle of machine learning algorithms in production — from initial model training to deployment to retraining against new data.

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Artificial Inteligence Machine Learning DevOps Tools 145

CIO

NOVEMBER 22, 2023

As a connected car data company focusing on the motor insurance sector, UK-based ThingCo is dedicated to developing next gen telematics built with the latest technology. I’ll go speak with the customer who did a ticket and learn so much. Insurance is a difficult one, though, because it’s a regulated market.

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TechCrunch

SEPTEMBER 2, 2021

Its products currently include motor and travel insurance policies that can be purchased online, and Sunday Health for Business, a healthcare coverage program for employers. The new funding will be used to expand in Indonesia and develop new distribution channels, including insurance agents and SMEs.

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O'Reilly Media - Data

JUNE 5, 2018

Today, just 15% of enterprises are using machine learning, but double that number already have it on their roadmaps for the upcoming year. However, in talking with CEOs looking to implement machine learning in their organizations, there seems to be a common problem in moving machine learning from science to production.

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Artificial Inteligence Machine Learning Software Review Weak Development Team 162

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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Insurance Artificial Inteligence Generative AI Conference 52

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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Company Artificial Inteligence Insurance Technical Review 321

TechCrunch

NOVEMBER 28, 2022

Igloo develops its insurance products and then partners with insurers who underwrite their policies. Igloo currently works with 20 global, regional and local insurers across Southeast Asia. It distributes its insurance products through partnerships, and is partnered with over 55 companies in 7 countries.

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Insurance Artificial Inteligence Policies Artificial Intelligence 236

CIO

NOVEMBER 16, 2023

Deepa Soni: We strongly believe that enterprise agility and speed-to-market are key competitive advantages, and they’re a key tenant of our objectives. 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?

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Artificial Inteligence Insurance Agile Analytics 322

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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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

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. But in markets like Brazil, the idea is still considered relatively novel. 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.

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Artificial Inteligence Insurance Meeting Artificial Intelligence 226

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?

Insurance 88

Insurance Machine Learning Artificial Inteligence Policies 88

The Accidental Successful CIO

SEPTEMBER 21, 2022

It turns out that it’s hard to find the right people to do machine learning Image Credit: deepak pal. The good news is that there is new technology that is available to allow this to be done: machine learning. The bad news is that this machine learning stuff requires smart people to implement it.

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Artificial Inteligence Machine Learning Artificial Intelligence Banking 52

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

TechCrunch

APRIL 12, 2021

The Zebra , an Austin-based company that operates an insurance comparison site, has raised $150 million in a Series D round that propels it into unicorn territory. The Zebra started out as a site for people looking for auto insurance via its real-time quote comparison tool. And we’ve leaned more into brand marketing efforts.”.

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Insurance Comparison Machine Learning Artificial Inteligence 248

The Accidental Successful CIO

SEPTEMBER 22, 2021

However, at banks, insurers and other financial companies their use of artificial intelligence is being especially hampered by a scarcity of data and talent. Synchrony Financial uses AI-enabled applications to speed up credit-card authentication, identify and prevent fraud, power virtual agents and personalize marketing offers.

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Artificial Inteligence Machine Learning Artificial Intelligence Banking 98

TechCrunch

MARCH 1, 2023

Montreal-based Equisoft , an insurance and investment software developer, today announced that it raised $125 million in venture equity. “We believed that there was a significant opportunity to continue to grow our customer base across the life insurance, wealth and asset management markets in the Americas and beyond.”

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Insurance Policies Software Machine Learning 169

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 246

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 25, 2021

Pula , a Kenyan insurtech startup that specialises in digital and agricultural insurance to derisk millions of smallholder farmers across Africa, has closed a Series A investment of $6 million. Agriculture insurance has traditionally relied on farm business. or Europe with typically large farms, an average insurance premium is $1,000.

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Insurance Artificial Inteligence Banking Artificial Intelligence 360

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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Insurance Weak Development Team Artificial Inteligence Machine Learning 197

Trigent

MARCH 29, 2023

Gartner predicts the market for software enabling hyperautomation to grow at a CAGR of 11.9 New entrants dramatically impact the insurance landscape with diverse digital-first approaches , faster business model innovation , and agility. percent, touching almost $1.04 The answer lies in hyperautomation!

Insurance 52

Insurance Artificial Inteligence Technical Review Systems Review 52

TechCrunch

OCTOBER 24, 2021

Justos , a startup that says it will be the first insurance company in Brazil to use data when determining rates, has raised a $35.8 The process to get insurance in the country, by any accounts, is a slow one. It takes up to 72 hours to receive initial coverage and two weeks to receive the final insurance policy.

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Insurance Artificial Inteligence Technical Review Artificial Intelligence 208

TechCrunch

APRIL 27, 2022

The startup has raised $25 million, a Series B that is being led by insurance and financial services giant USAA , with Mastercard, Capital One Ventures, C5 Capital, DataTribe, the CIA’s strategic investment arm In-Q-Tel, Cyber Mentor Fund, Bloomberg Beta, GC&H, and 1843 Capital also participating. .”

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CIO

JUNE 7, 2022

Predictive analytics applies techniques such as statistical modeling, forecasting, and machine learning to the output of descriptive and diagnostic analytics to make predictions about future outcomes. In business, predictive analytics uses machine learning, business rules, and algorithms.

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Analytics Data Analysis Business Analytics 339

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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Insurance Machine Learning Artificial Inteligence Technical Review 148

TechCrunch

JUNE 14, 2021

Other participants include insurance giant MSIG and Indonesian-based funds like EV Growth, Provident Growth and Indies Capital. Its fintech operation offers products for both, including B2C car loans, auto insurance and B2B working capital loans. Carro’s prices are typically in the middle of the market’s range.

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Automotive Insurance Fintech Retail 250

TechCrunch

AUGUST 4, 2022

Axio CEO Scott Kannry tells TechCrunch that the proceeds — which bring New York–based Axio’s total capital raised to $30 million — will be put toward product and engineering team development and supporting go-to-market functions and expanding across “key geographies.” Image Credits: Axio.

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TechCrunch

MARCH 30, 2023

The pandemic further accelerated the explosion in online transactions over the past decade, they note, leading to a corresponding uptick in fraud, credit and insurance risk. Other players in the space include Fraugster , Bouncer (which Stripe acquired in 2021) and Hawk AI , the last of which marketed its products specifically toward banks.

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Fintech Machine Learning Artificial Inteligence Banking 219

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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Insurance Technical Review Strategy Technology 59