Artificial Intelligence Insurance Underwriting Artificial intelligence underwriting: Transforming industries with precision and efficiency March 7, 2024 by adamdev In a world greatly transformed by digitization, the one thing that remains a staple in the corporate landscape is risk assessment. Traditionally addressed through underwriting, this intricate process is now being revolutionized by artificial intelligence. Indico Data, a prominent player in the AI field, is at the forefront of innovation, redefining standards for artificial intelligence […] Read more Ā»
Artificial Intelligence Insurance Claims Insurance Underwriting Intelligent Intake And thatās a wrap! Indico Dataās 2023 in review January 18, 2024 by adamdev As we bid farewell to 2023, it’s time to reflect on a year that’s been nothing short of extraordinary for Indico Data. It’s been a whirlwind of stellar events, humbling awards, and insightful conversations. Let’s take a moment to walk back through the exciting journey of this past year, filled with achievements that have not […] Read more Ā»
Artificial Intelligence Digital Transformation Insurance Underwriting A unified approach to digital transformation in underwriting: Insights from James Wright of Beazley Digital November 28, 2023 by adamdev In the ever-evolving landscape of insurance, embracing digital transformation is crucial for staying competitive and meeting customer needs. In a recent episode of Unstructured Unlocked, James Wright, Head of Technology at Beazley Digital, shared valuable insights into how their organization is navigating the digital space and shaping the future of the insurance industry. Beazley Digital […] Read more Ā»
Insurance Underwriting Intelligent Intake Intelligent intake: A sure way to increase insurance employee productivity and deliver ROI November 8, 2023 by adamdev Cost-justifying most any IT project often comes down to demonstrating a sound return-on-investment (ROI) or, in the insurance world, the percentage of gross written premium the solution represents vs. projected savings. By any measure, intelligent intake projects can deliver impressive results. For insurers, much of the savings comes from making employees more productive ā enough […] Read more Ā»
Insurance Underwriting Underwriting digitization: past, present, and future insights as told by former Zurich insurance executive October 24, 2023 by adamdev In the ever-evolving world of insurance, underwriting plays a crucial role in assessing risk and setting policy prices. It’s an intricate process that has undergone significant transformation over the years. In a recent episode of our Unstructured Unlocked podcast, our hosts had the pleasure of looking at this fascinating journey with Michael Duncan, former Zurich […] Read more Ā»
Insurance Claims Insurance Underwriting Intelligent Intake 5 ways insurance process automation reduces errors and increases profits October 3, 2023 by adamdev Insurance companies inherently know that errors, whether in claims or underwriting processes, are bad for business. Less understood is how automating claims and underwriting processes can reduce errors, leading to potentially outsized business gains in terms of loss and combined ratios, and improved underwriting capacity. Itās a potentially sticky issue because as insurers assess options […] Read more Ā»
Insurance Claims Insurance Underwriting Intelligent Intake Unlocking success in intelligent intake: Strategies, opportunities, and metrics October 2, 2023 by adamdev In today’s rapidly evolving business landscape, intelligent automation has become a cornerstone of efficiency and competitiveness. In a recent episode of “Unstructured Unlocked,” Thomas Mandel, a transformation manager at Cushman and Wakefield, joined hosts Chris Wells and Michelle Gouveia to explore the intricacies of intelligent intake and its role in modern organizations. Listen to the […] Read more Ā»
Insurance Claims Insurance Underwriting Intelligent Intake How to eliminate manual processes in insurance claims and underwriting September 11, 2023 by adamdev Thereās a problem plaguing the insurance industry, and itās easy to understand: itās too dependent on manual processes and needs a heavy dose of automatic data submission. Whether itās first notice of loss (FNOL) documents for claims or broker submissions for underwriting, the industry is rife with documents that traditionally require a hands-on approach to […] Read more Ā»
Insurance Claims Insurance Underwriting Intelligent Intake Unstructured Unlocked What insurance carriers can learn from VCs about vetting technology vendors July 25, 2023 by adamdev Watch Christopher M. Wells, Ph. D., Indico VP of Research and Development, and Michelle Gouveia, VP at Sandbox Insurtech Ventures, in episode 24 of Unstructured Unlocked with guest Jay Novis, Investment Associate at QBE Ventures. Listen to the full podcast here: Unstructured Unlocked episode 24 with Jay Novis The latest episode of the Unstructured Unlocked […] Read more Ā»
Insurance Underwriting Intelligent Intake Real-world insights on the benefits and challenges of underwriting modernization July 18, 2023 by adamdev In the ever-evolving insurance industry, underwriting modernization has become increasingly important for companies seeking to stay competitive. According to Insurance Thought Leadership, ā87% of insurance carriers and TPAs said there is an ever-increasing need to inject innovative and highly configurable services into the claims intake and dissemination process.ā However, underwriters face several challenges when implementing […] Read more Ā»
