Artificial Intelligence Data Analytics Data Science Insurance Insurance Claims Insurance Underwriting Guidewire’s Laura Drabik on transforming underwriting with AI and smarter decision-making April 30, 2025 by adamdev Commercial insurance underwriting is at a critical turning point. With revenues climbing 8% annually over the past five years and a remarkable combined ratio of 91%, the numbers look promising. But the industry isn’t free from challenges. Insurers are under increasing pressure to reduce costs, enhance risk assessment, and achieve profitable growth. The root of […] Read more »
Artificial Intelligence Data Analytics Data Science Insurance Insurance Claims Insurance Underwriting Guidewire’s Laura Drabik on transforming underwriting with AI and smarter decision-making April 30, 2025 by tchodat@guyergroup.com Commercial insurance underwriting is at a critical turning point. With revenues climbing 8% annually over the past five years and a remarkable combined ratio of 91%, the numbers look promising. But the industry isn’t free from challenges. Insurers are under increasing pressure to reduce costs, enhance risk assessment, and achieve profitable growth. The root of […] Read more »
Artificial Intelligence Digital Transformation Insurance Insurance Claims Insurance Underwriting Intelligent Document Processing Machine Learning Maximizing underwriting profitability through AI-powered document processing April 24, 2025 by adamdev The insurance industry is no stranger to complex workflows, particularly in underwriting. Traditional underwriting processes often rely heavily on manual labor, consuming time and resources while introducing opportunities for error. To stay competitive and meet customer demands, insurers must adopt smarter, more efficient ways to handle underwriting tasks. This is where intelligent document processing (IDP) […] Read more »
Artificial Intelligence Data Analytics Data Science Digital Transformation Insurance Insurance Claims Insurance Underwriting Intelligent Document Processing Innovation moves fast—success requires a human pace April 22, 2025 by adamdev By Thierry Daucourt The commercial insurance market is expected to continue growing in 2025, and the segment is ripe with opportunities for insurers to expand their book of business. However, insurers must be smart in how they approach the quoting and servicing processes. For this reason, commercial insurers are accelerating digital transformation, including adopting artificial […] Read more »
Artificial Intelligence Data Analytics Data Science Digital Transformation Insurance Claims Insurance Underwriting Intelligent Document Processing Machine Learning Better data, better decisions webinar recap: How AI and automation are reshaping risk and pricing April 16, 2025 by adamdev Accurate data and advanced technology are transforming every industry—but perhaps none so profoundly as insurance. By adopting artificial intelligence (AI) and automation, insurers can now improve underwriting workflows, enhance risk evaluation, and make more precise pricing decisions. These innovations not only increase profitability but also help carriers compete in today’s fast-paced environment. We recently hosted […] Read more »
Artificial Intelligence Data Analytics Data Science Digital Transformation Insurance Claims Insurance Underwriting Machine Learning Innovation vs. risk in insurance decisioning: Leveraging AI to transform strategy April 8, 2025 by adamdev The insurance industry is navigating a dynamic landscape where innovation and risk management intersect. With increasing complexity in underwriting, claims evaluation, and policy servicing, insurers are now looking to AI-powered solutions as a way to not only streamline operations but also supercharge their decision-making processes. Indico Data’s Decision Automation Platform is leading this transition, empowering […] Read more »
Artificial Intelligence Data Analytics Data Science Digital Transformation Insurance Insurance Claims Insurance Underwriting Intelligent Document Processing Unstructured Unlocked Harnessing Generative AI for innovation in insurance with David Moorhead April 2, 2025 by adamdev Generative AI is reshaping industries, and insurance is no exception. This rapidly evolving technology promises to revolutionize underwriting, claims processing, customer service, and beyond—offering insurers unprecedented efficiency and decision-making power. But how should companies adopt generative AI, and what challenges do they need to address? Recently, during the Unstructured Unlocked podcast, David Moorhead, an information […] Read more »
