Artificial Intelligence Data Analytics Data Science Digital Transformation Insurance Claims Insurance Underwriting Unlocking the future of insurance: Exploring chapter 1 of Indicoās Decision Era eBook October 31, 2024 by adamdev As insurance companies move beyond traditional data strategies and into the next wave of data-based, AI-powered business development, they now face a new challenge: how to transform raw data into actionable decisions. This marks the beginning of what is known as the āDecision Era,ā where success is measured not just by having data but by […] Read more Ā»
Artificial Intelligence Data Analytics Digital Transformation Insurance Insurance Claims Insurance Underwriting Unstructured Unlocked Innovating in insurance with Wendi Bukowitz, Director of Strategic Innovation at The Cincinnati Insurance Companies October 29, 2024 by adamdev In a recent episode of Unstructured Unlocked, Wendi Bukowitz, Director of Strategic Innovation at The Cincinnati Insurance Companies, shared her insights on the evolving landscape of innovation in the insurance industry. Wendy brought a wealth of experience to the discussion, having worked across various roles in both primary carriers and reinsurance. In her current role, […] Read more Ā»
Artificial Intelligence Data Analytics Insurance Insurance Claims Insurance Underwriting Intelligent Document Processing Machine Learning Increase speed and accuracy in policy issuance for stronger business results October 24, 2024 by adamdev Policy issuance is one of the most important functions of an insurerāand itās key to be able to do it quickly and accurately. This process involves creating and delivering policies to customers, and if your insurance company canāt do that efficiently, it may delay onboarding, frustrate new clients, and ultimately hurt your company’s bottom line. […] Read more Ā»
Artificial Intelligence Data Analytics Data Science Digital Transformation Insurance Insurance Claims Insurance Underwriting Intelligent Intake Achieve compliance and gain competitive advantage with AI October 22, 2024 by adamdev The insurance industry is highly regulated, and staying compliant is not just a legal necessityāitās also a strategic advantage. Compliance goes beyond ticking boxes; itās about safeguarding customer data, adhering to best practices, and ensuring that every decision made by an insurer is transparent and traceable. Failing to comply can result in costly fines, loss […] Read more Ā»
Artificial Intelligence Data Analytics Insurance Underwriting Unstructured Unlocked AI and the future of underwriting: insights from Rick Russell, retired VP at Chubb and Underwriting Director of Nationwide October 11, 2024 by adamdev In a recent episode of Unstructured Unlocked, hosts Michelle Gouveia and Tom Wilde sat down with Rick Russell, a retired Vice President of Underwriting from Chubb Agribusiness. Together they explored the huge technological changes that the insurance industry has experienced in recent years with the introduction of AI. With a career spanning 37 years in […] Read more Ā»
Artificial Intelligence Customer Experience Data Analytics Data Science Digital Transformation Insurance Insurance Claims Insurance Underwriting Intelligent Intake Intelligent Process Automation Machine Learning Turn data into actionable insights for smarter business decisions October 1, 2024 by adamdev From customer interactions and operational metrics to financial reports and market trends, companies are swimming in a sea of data. However, raw data alone isnāt enough to make decisions with. The real value of data lies in how itās processed and turned into actionable insights that can drive smarter, more strategic business decisions. Enter automationāa […] Read more Ā»
Artificial Intelligence Customer Experience Data Analytics Digital Transformation Insurance Insurance Claims Insurance Underwriting Intelligent Document Processing Deliver personalization at scale to improve customer retention and satisfaction September 26, 2024 by adamdev In an increasingly competitive insurance industry, customer retention and satisfaction are critical to long-term success. Customers today expect personalized experiences that reflect their individual needs and preferences. Meeting these expectations, however, is a daunting task when operating at scale. This is where AI becomes a game-changer. By automating key aspects of the customer journey, insurers […] Read more Ā»
Artificial Intelligence Data Analytics Digital Transformation Insurance Insurance Claims Insurance Underwriting Intelligent Document Processing Policy Automation Enhance the policyholder journey for better decisions at every stage September 25, 2024 by adamdev These days, insurance policyholders expect smooth, efficient interactions at every stage of the processāfrom purchasing coverage to filing claims. For insurers, meeting these expectations means more than just providing a user-friendly experience. Itās about making data-driven, agile decisions that foster trust, build stronger relationships, and ultimately drive better business outcomes. This is where enterprise AI […] Read more Ā»
Artificial Intelligence Data Analytics Data Science Digital Transformation Intelligent Document Processing Unstructured Unlocked Generative motion: a new approach to unstructured data with Cartwheel’s Andrew Carr September 20, 2024 by adamdev Recently on the Unstructured Unlocked podcast, host Tom Wilde sat down with Andrew Carr, founder and chief scientist of Cartwheel, to explore how generative motion can provide new perspectives on unstructured data. Carrās insights into using AI to transform animation and motion, particularly in gaming and entertainment, offer a novel look at the intersection of […] Read more Ā»
Artificial Intelligence Data Analytics Insurance Claims Insurance Underwriting Intelligent Document Processing Intelligent Intake Drive precision in risk decisions and business growth through automated underwriting September 12, 2024 by adamdev Automated underwriting is enhancing the accuracy of insurance risk assessments, streamlining decision-making, and helping insurers strengthen their portfolios while driving business growth. In an industry where timely and precise risk evaluation can make or break profitability, automated solutions offer insurers the tools to stay competitive, meet regulatory requirements, and respond swiftly to market demands. By […] Read more Ā»
