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 Data Science Digital Transformation Insurance Insurance Claims Insurance Underwriting Intelligent Document Processing Intelligent Intake Unstructured Unlocked Top insights from Unstructured Unlocked: The best of 2024 in AI and insurance October 4, 2024 by adamdev The first half of 2024 has been an incredible journey for Unstructured Unlocked, with over 50 top-ranking episodes featuring thought leaders from across the insurance and AI sectors. We’ve had the privilege of speaking with experts like Henry Gale, Research and Insights Manager at InsTech; and Mandy Hunt, former Chief Underwriting Officer at RSA, who […] 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 Insurance Insurance Claims Insurance Underwriting Intelligent Document Processing Intelligent Intake Boost fraud detection and protect profitability with automation September 17, 2024 by adamdev Fraud remains one of the top challenges that companies face in todayās insurance industry. From false claims to misrepresented policy details, fraudulent activity costs the sector billions of dollars annually. As insurers strive to protect profitability and maintain customer trust, combating fraud is a top priority. One of the major keys to improving fraud detection […] 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»
Artificial Intelligence Data Analytics Insurance Insurance Claims Insurance Underwriting Intelligent Document Processing Intelligent Intake Reduce claims cycle time and improve business outcomes with automation September 10, 2024 by adamdev In the insurance industry, the ability to process claims quickly and accurately is essential for satisfying customer needs and meeting your company’s bottom line. The traditional claims management process, which often involves manual work at several steps, can be slow, inefficient, and prone to errors. However, the integration of automation technologies is changing the status […] Read more Ā»
Artificial Intelligence Insurance Underwriting Intelligent Document Processing Intelligent Intake Unstructured Unlocked Navigating digital transformation in insurance: insights from Parul Kaul-Green September 5, 2024 by adamdev Digital transformation within the insurance industry is often seen as a daunting task, but it’s also a critical one. On the latest episode of Unstructured Unlocked, Tom Wilde and Michelle Gouveia sat down with Parul Kaul-Green, the CEO and Founder of Eudaimon Consulting, to discuss the unique challenges and opportunities that come with leading digital […] Read more Ā»
Artificial Intelligence Data Analytics Insurance Insurance Claims Insurance Underwriting Intelligent Document Processing Enhancing carrier decisioning through collaborative ecosystems: an Indico webinar recap September 3, 2024 by adamdev Traditional approaches to insurance are no longer enough to navigate the complexities of our industry. Insurance companies must have a keen understanding of emerging technologies and a willingness to innovate effectively. This was the focus of a recent webinar hosted by Indico, where industry leaders shared their insights on how AI, data analytics, and strategic […] Read more Ā»