Artificial Intelligence Data Science Digital Transformation Insurance Claims Insurance Underwriting Intelligent Document Processing Enhancing data quality and compliance in the insurance industry with Louis DiModugno of Verisk December 12, 2024 by adamdev In this episode of Unstructured Unlocked, hosts Michelle Gouveia and Tom Wilde sat down with Louis DiModugno, Global Chief Data Officer at Verisk, to discuss key challenges and innovations in data management and governance for the insurance industry. The conversation covered how advancements in technology, such as AI and data aggregation, are transforming how insurance […] Read more Ā»
Artificial Intelligence Data Science Digital Transformation Insurance Claims Insurance Underwriting Intelligent Document Processing Automated decisioning in insurance: Enhancing underwriting efficiency and accuracy December 10, 2024 by adamdev The insurance industry has always been defined by its ability to assess, manage, and price risk. At the heart of this process is underwritingāa critical function that requires precise decision-making based on a variety of data points. However, traditional underwriting methods often rely on manual workflows, historical data, and static models, leading to inefficiencies, inconsistencies, […] Read more Ā»
Artificial Intelligence Data Science Digital Transformation Insurance Claims Insurance Underwriting Intelligent Document Processing Improve claims accuracy and enhance risk management through AI December 5, 2024 by adamdev In the insurance industry, you canāt secure profitability or customer satisfaction without accurate claims processing and effective risk management. Errors in claims handling, delays in decisions, and inefficiencies in risk management can lead to dissatisfied customers, increased operational costs, and heightened exposure to risk. As insurers face growing pressure to process claims more quickly and […] Read more Ā»
Artificial Intelligence Data Science Digital Transformation Insurance Claims Insurance Underwriting Intelligent Document Processing The future of AI in insurance decisioning: Chapter 4 of The Decision Era eBook November 25, 2024 by adamdev This article marks the fourth in a series exploring Indicoās Decision Era eBook, a comprehensive guide to how AI is revolutionizing the insurance industry. The eBook dives deep into AI-enhanced decisioning, offering insights into its transformative potential across underwriting, claims processing, and more. Chapter 4, The Future of AI in Insurance Decisioning, focuses on the […] Read more Ā»
Artificial Intelligence Data Science Digital Transformation Insurance Claims Insurance Underwriting Intelligent Document Processing Optimize direct-to-consumer insurance for faster, smarter decisions November 22, 2024 by adamdev The insurance industry is experiencing a significant shift driven by enterprise AI and automation. As more insurance providers pivot to direct-to-consumer (D2C) models, the ability to deliver personalized services, make data-driven decisions, and improve operational efficiency has become critical. This shift is particularly pronounced in the D2C insurance space, where consumers demand faster service, personalized […] Read more Ā»
Announcements Artificial Intelligence Data Science Digital Transformation Insurance Claims Insurance Underwriting Intelligent Document Processing A busy season for Indico Data: New launches, industry insights, and end of year events! November 21, 2024 by adamdev Itās been a big few months at Indico Data, filled with industry events, new launches, and exciting partnershipsāand weāre just getting started! A successful launch at Insurtech Connect Las Vegas Last month, we were thrilled to attend Insurtech Connect Las Vegas, where we unveiled our new Clearance and Triage solution. Designed to complement […] Read more Ā»
Artificial Intelligence Data Science Digital Transformation Insurance Insurance Claims Insurance Underwriting Machine Learning AI-enhanced decisioning: Transforming the insurance submission clearance process November 7, 2024 by adamdev Insurance companies are facing growing pressure to streamline operations, improve accuracy, and provide a better customer experience. One of the most complex and time-consuming parts of this workflow is the insurance submission clearance process, which involves a meticulous review of each submission to assess risks and ensure compliance. Here, agentic AIāan AI model that can […] Read more Ā»
Artificial Intelligence Data Science Digital Transformation Insurance Claims Insurance Underwriting Build collaborative ecosystems to drive faster, smarter decisions November 5, 2024 by adamdev In the insurance industry, enterprise AI is changing how businesses operate and make critical decisions. One of the most transformative aspects of AI is its ability to foster collaboration within ecosystems, driving faster, smarter decisions that lead to better business outcomes. As insurance companies increasingly rely on AI-driven automation, they are finding new ways to […] Read more Ā»
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»
