Artificial Intelligence Digital Transformation Insurance Insurance Claims Insurance Underwriting Intelligent Document Processing Intelligent Intake Machine Learning How AI-powered underwriting automation improves decision speed and accuracy February 27, 2025 by adamdev Handling vast amounts of data with speed and precision has long been a challenge in underwriting, but AI-powered automation is transforming the way these hurdles are addressed. By leveraging advanced machine learning algorithms, AI facilitates deeper insights and enhanced accuracy, enabling underwriters to make more confident and informed decisions. The ability to streamline complex tasks, […] Read more Ā»
Artificial Intelligence Data Analytics Data Science Digital Transformation Insurance Insurance Claims Insurance Underwriting Intelligent Document Processing Intelligent Intake Machine Learning Harnessing AI for better data: The key to competitive advantage, a conversation with Peter Mansfield February 20, 2025 by adamdev The insurance industry is evolving into what experts now call the “decision economy.ā Every success hinges on the quality of decisions madeāfrom underwriting risks to processing claims. During a recent episode of Insurance Covered, Tom Wilde, CEO of Indico Data, spoke about how better data is revolutionizing these decisions, helping insurers adapt and thrive.Ā Peter […] Read more Ā»
Artificial Intelligence Data Analytics Data Science Digital Transformation Insurance Claims Insurance Underwriting Intelligent Document Processing Intelligent Intake Machine Learning The future of insurance AI: why out-of-the-box solutions are game-changers February 18, 2025 by adamdev Artificial Intelligence (AI) is no longer a distant concept or a buzzword in the insurance industry. Itās becoming the engine driving efficiency, decision-making, and profitability for global carriers. However, implementing AI solutions has traditionally been a complex and resource-intensive process, requiring significant technical expertise, customized model training, and IT involvement.Ā Enter out-of-the-box AI solutions, the […] Read more Ā»
Artificial Intelligence Data Analytics Data Science Digital Transformation Insurance Insurance Claims Insurance Underwriting Intelligent Document Processing Reimagining risk: How out-of-the-box models are redefining risk assessment February 6, 2025 by adamdev The insurance industry has long been synonymous with traditional modelsārigorous processes, historical data analysis, and human intuition. While effective in the past, these methods are increasingly unable to meet the demands of a rapidly changing world. Enter out-of-the-box AI models, a game-changing approach to risk assessment that’s rewriting the rules for insurers worldwide.Ā These models […] Read more Ā»