Artificial Intelligence Digital Transformation Insurance Insurance Underwriting Machine Learning AI’s role in transforming insurance: Chapter 2 of Indico’s Decision Era eBook November 13, 2024 by adamdev This article is the second in a series of blog posts on Indico’s 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 »
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 AI—an AI model that can […] Read more »
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 »
Artificial Intelligence Data Analytics Data Science Digital Transformation Insurance Claims Insurance Underwriting Unlocking the future of insurance: Exploring chapter 1 of Indico’s 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 “Decision Era,” where success is measured not just by having data but by […] Read more »
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 »
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 insurer—and it’s key to be able to do it quickly and accurately. This process involves creating and delivering policies to customers, and if your insurance company can’t do that efficiently, it may delay onboarding, frustrate new clients, and ultimately hurt your company’s bottom line. […] Read more »
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 necessity—it’s also a strategic advantage. Compliance goes beyond ticking boxes; it’s 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 »
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 »
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 »
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 isn’t enough to make decisions with. The real value of data lies in how it’s processed and turned into actionable insights that can drive smarter, more strategic business decisions. Enter automation—a […] Read more »
