Artificial Intelligence Promises to Revolutionize P&C Insurance Industry
Artificial intelligence promises to revolutionize how P&C insurance business gets done. The exact ways AI will influence business are unknown
Artificial Intelligence Technology
What is artificial intelligence (AI) Technology? Artificial intelligence is the simulation of human intelligence processes by machines, especially computer systems. Specific applications of AI include expert systems, natural language processing, speech recognition and machine vision.
At its core, AI reads human behavior to develop intelligent machines. Simply put, the foundational goal of AI is to design a technology that enables computer systems to work intelligently yet independently.
Simply put, AI allows organizations to make better decisions, improving core business processes by increasing both the speed and accuracy of strategic decision-making processes.
John McCarthy, a professor emeritus of computer science at Stanford, the man who coined the term “artificial intelligence” and subsequently went on to define the field for more than five decades.
In this section, we have collected the most current articles and reviews on the topic of the Artificial Intelligence Technology.
Increasing Use of AI Technology Triggers Insurance Claims
Increasing use of artificial intelligence triggers claims across many lines of business. Insurers will need to understand of intended effects
Insurers Accelerating AI Integration in Insurance Customer Experience
Insurance companies have increasingly integrated digital processes into their customer journeys, yet the adoption of AI technologies lags behind
How Insurers Can Get Best Results from Artificial Intelligence Tools?
As the insurance market recognizes the potential of artificial intelligence, there remains uncertainty about how to effectively apply the technology to enhance customer engagement
Value-Creation Potential of Artificial Intelligence in Investment
Challenges in agreeing to a definition of AI reinforce the complexity of determining exactly how managers are using and integrating capabilities
Future Impact of AI on Investment Market Strategy
Investment managers are bullish about Artificial Intelligence’s potential to contribute to global economic growth over the coming years
Artificial Intelligence Integration in Investment. Global Manager Survey
Questions about the effects of Artificial Intelligence are fundamental to the future of the investment management industry
Generative Artificial Intelligence Provides Great Opportunities for Insurers
Generative artificial intelligence is a great opportunities for insurers. AI considered one of the most important technological breakthroughs of the last few decades
Artificial Intelligence Becomes an Unexpected Risk for Insurance
With artificial intelligence practically impacting all aspects of everyday life, the number of insurance gaps when using AI has staggered in recent years
Why Insurers Go to Online Insurance, Telematics & Artificial Intelligence?
Though the stock market is still driven by enthusiasm for artificial intelligence, businesses devoted to insurtech, or the revolution of insurance through technology
Generative AI — Emerging Risks & Insurance Market Trends
As generative AI changes the way companies do business, it is creating new risks and new causes of loss that impact not only the companies themselves
How Can AI Technology Change Insurance Claims Management?
Insurers must embrace Artificial Intelligence technology to successfully navigate emerging transformative trends that are shaping the insurance landscape
TOP 10 Opportunities & Megatrends for Insurance Industry by 2030
Transformative trends are shaping the future risk landscape, creating $200+ bn of market potential for insurers by 2030. Top 10 opportunities
Global Generative AI in Insurance Market Size Worth $5,5 bn by 2032
Global Generative AI in Insurance Market size will be worth $5,5 bn by 2032 from its current size of $346.3 mn, and growing at a CAGR of 32.9%
How to Build AI-Driven Finance & Insurance Company?
To build an AI-driven finance organization for the future, it will require a combination of technical and business skills that many finance teams do not have today
How Digital Trust, AI & IoT Technology Can Help Insurance Business?
For re/insurance industry, Digital Trust and Artificial Intelligence are vital for business since access to data is the key component behind risk analytics and automation capabilities
10 Key Technology Strategies for Insurance Companies
Insurance companies need to have technology systems in place that don’t just keep things like investment budget or time to market in mind
How Life Insurers Can Leverage ChatGPT and AI in the Underwriting Process
Everyone is talking about ChatGPT and how it’s going to revolutionize almost every business sector. The life insurance industry is no exception
InsurTech`s evolution and investment landscape. Categories startups & VCs
InsurTech Startups are developing new approaches to traditional activities, such as underwriting and claims management. Categories startups
Machine Learning in Insurance. AI-Driven Technology for Insurers
Emerging data analytics technologies centred on machine learning bring order and purpose to this unstructured data so that it can be more effectively
Insurance Claims Management. How Big Data & AI Technology Helps InsurTech?
The digitisation of claims management is a fundamental aspect of a modern and robust insurance operating model – but many insurers are still limited to using legacy systems
Using AI, Analytics & Cloud to Reimagine the Insurance Value Chain
Insurance professionals are getting more comfortable with recommendations coming from AI and utilizing them in underwriting, pricing, marketing, claims
Attracting the Talent — the Biggest Challenge Insurers Face
The big question insurers face is where will all that talent come from, and how will they be able to recruit skill sets to advance increasingly digitized operations?
How InsurTechs & Tech-Driven Innovation Changing the Insurance Industry?
Tech-driven innovation is reshaping the insurance industry: telematics, artificial intelligence, machine learning transformed insurance area
9 New Technology Trends by Insurance Sector: Big Data, AI & Machine learning
Now that artificial intelligence, analytics and imaging technologies are being applied in the insurance sector, we are seeing more and more new TECH
Major deals have led global M&A activity in 2024, showing increasing confidence among dealmakers despite geopolitical and economic challenges
Hurricane Milton is anticipated to be one of the most powerful and economically detrimental hurricanes to make landfall in the western region of Florida
There are approximately 133 million healthcare data breaches each year. Healthcare systems remain complex to secure, and cybercriminals take full advantage of this
Insurance claims management software can streamline intake, evaluation, validation, payouts and closure. Unfortunately, not all platforms are built to the same standard