Artificial Intelligence Data Analytics Data Science Digital Transformation Insurance Insurance Claims Insurance Underwriting Intelligent Document Processing How manual data extraction slows down underwritersāand how automation speeds them up May 5, 2025 by adamdev Efficiency is no longer a luxury in todayās competitive insurance landscape; itās a necessity. Underwriters are at the core of an insurerās success, yet many still rely on outdated, manual data extraction processes that drain resources, hinder productivity, and create unnecessary bottlenecks. Imagine if your underwriting team could focus more on assessing risk and pricing […] Read more Ā»
Artificial Intelligence Data Analytics Data Science Insurance Insurance Claims Insurance Underwriting Guidewireās 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 Ā»
Artificial Intelligence Data Analytics Data Science Insurance Insurance Claims Insurance Underwriting Guidewireās 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 Ā»
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 Ā»
Artificial Intelligence Data Analytics Data Science Digital Transformation Insurance Insurance Claims Insurance Underwriting Intelligent Document Processing Innovation moves fastāsuccess requires a human pace April 22, 2025 by adamdev By Thierry DaucourtĀ 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 Ā»
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 industryābut 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 todayās fast-paced environment. We recently hosted […] Read more Ā»
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 Ā»
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 beyondāoffering insurers unprecedented efficiency and decision-making power. But how should companies adopt generative AI, and what challenges do they need to address?Ā Recently, during the Unstructured Unlocked podcast, David Moorhead, an information […] Read more Ā»
Artificial Intelligence Data Analytics Data Science Digital Transformation Insurance Insurance Claims Insurance Underwriting Intelligent Document Processing Submission ingestion without complexity: How out-of-the-box AI speeds up the intake of insurance data March 26, 2025 by adamdev Insurance data processing has historically been a maze of manual tasks, disparate systems, and unstructured data. For carriers striving to remain compliant, reduce operational costs, and deliver exceptional customer experiences, the burden of traditional systems has become unsustainable. Enter out-of-the-box AI designed specifically for insurers to supercharge submission ingestion while simplifying processes. This blog explores […] Read more Ā»
Artificial Intelligence Data Analytics Data Science Digital Transformation Insurance Insurance Claims Insurance Underwriting Intelligent Document Processing Machine Learning Tami Pantzke on risk analysis for new technology and change management in insurance March 25, 2025 by adamdev The insurance industry is no stranger to complexity, especially when it comes to navigating the rapid pace of technological change. For companies to remain competitive, they must systematically evaluate new tools, plan implementations carefully, and adopt effective change management practices. On a recent episode of the Unstructured Unlocked podcast, Tami Pantzke, a seasoned reinsurance executive […] Read more Ā»
