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 Underwriting Intelligent Document Processing Revolutionizing underwriting: A deep dive into chapter 3 of The Decision Era eBook November 19, 2024 by adamdev This article is the third in a series exploring Indicoās Decision Era eBook, which examines how AI is reshaping decision-making across the insurance policy lifecycle. The eBook provides a roadmap for insurers looking to adopt AI-enhanced tools and processes, offering insights into the transformative impact of AI on the industry. Chapter 3, Revolutionizing Underwriting with […] Read more Ā»
Artificial Intelligence Digital Transformation Insurance Insurance Underwriting Machine Learning AIās role in transforming insurance: Chapter 2 of Indicoās Decision Era eBook November 13, 2024 by adamdev This article is the second in a series of blog posts on Indicoās new Decision Era eBook, a comprehensive guide to how AI is reshaping the insurance landscape by enhancing decision-making processes across the policy lifecycle. This eBook sheds light on the many ways that AI-driven technologies are influencing the industry, helping insurers evolve beyond […] 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»
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»