Artificial Intelligence Data Analytics Data Science Digital Transformation Insurance Insurance Claims Insurance Underwriting Intelligent Document Processing Intelligent Intake Beyond document extraction: how AI is reshaping insurance decisioning March 4, 2025 by adamdev The insurance industry is undergoing a seismic shift, driven by rapid advancements in artificial intelligence (AI). Traditionally tied down by paper-heavy processes and manual workflows, insurers are now discovering new ways AI can revolutionize not just data extraction but the entire decision-making process. The future of insurance lies in harnessing AI tools that go beyond […] Read more Ā»
Artificial Intelligence Digital Transformation Insurance Insurance Claims Insurance Underwriting Intelligent Document Processing Intelligent Intake Machine Learning How AI-powered underwriting automation improves decision speed and accuracy February 27, 2025 by adamdev Handling vast amounts of data with speed and precision has long been a challenge in underwriting, but AI-powered automation is transforming the way these hurdles are addressed. By leveraging advanced machine learning algorithms, AI facilitates deeper insights and enhanced accuracy, enabling underwriters to make more confident and informed decisions. The ability to streamline complex tasks, […] Read more Ā»
Artificial Intelligence Data Analytics Data Science Digital Transformation Insurance Insurance Claims Insurance Underwriting Intelligent Document Processing Intelligent Intake Machine Learning Harnessing AI for better data: The key to competitive advantage, a conversation with Peter Mansfield February 20, 2025 by adamdev The insurance industry is evolving into what experts now call the “decision economy.ā Every success hinges on the quality of decisions madeāfrom underwriting risks to processing claims. During a recent episode of Insurance Covered, Tom Wilde, CEO of Indico Data, spoke about how better data is revolutionizing these decisions, helping insurers adapt and thrive.Ā Peter […] Read more Ā»
Artificial Intelligence Data Analytics Data Science Digital Transformation Insurance Claims Insurance Underwriting Intelligent Document Processing Intelligent Intake Machine Learning The future of insurance AI: why out-of-the-box solutions are game-changers February 18, 2025 by adamdev Artificial Intelligence (AI) is no longer a distant concept or a buzzword in the insurance industry. Itās becoming the engine driving efficiency, decision-making, and profitability for global carriers. However, implementing AI solutions has traditionally been a complex and resource-intensive process, requiring significant technical expertise, customized model training, and IT involvement.Ā Enter out-of-the-box AI solutions, the […] Read more Ā»
Artificial Intelligence Data Analytics Data Science Digital Transformation Insurance Insurance Claims Insurance Underwriting Intelligent Document Processing Reimagining risk: How out-of-the-box models are redefining risk assessment February 6, 2025 by adamdev The insurance industry has long been synonymous with traditional modelsārigorous processes, historical data analysis, and human intuition. While effective in the past, these methods are increasingly unable to meet the demands of a rapidly changing world. Enter out-of-the-box AI models, a game-changing approach to risk assessment that’s rewriting the rules for insurers worldwide.Ā These models […] Read more Ā»
Artificial Intelligence Data Analytics Data Science Digital Transformation Insurance Insurance Claims Insurance Underwriting Intelligent Document Processing Intelligent Intake Decoding climate risk with data and predictive analytics: Perspectives from Aonās Sam Worthington January 30, 2025 by adamdev The insurance industry is facing unprecedented challenges as climate change continues to reshape the risk landscape. In a recent episode of the Unstructured Unlocked podcast, Sam Worthington, Managing Director of PNC Technology at Aon, joined hosts Michelle Gouveia and Tom Wilde to explore how insurers are using data, analytics, and advanced technologies to navigate these […] Read more Ā»
Artificial Intelligence Data Analytics Data Science Digital Transformation Insurance Insurance Claims Insurance Underwriting Intelligent Document Processing Intelligent Intake Insurance submission triage: Leveraging AI to streamline workflows and boost efficiency January 28, 2025 by adamdev Insurance submission triage is more than just processing documentsāitās about making smarter, faster decisions that directly impact an insurerās bottom line. Yet many carriers struggle with decision risk, which is the risk of making suboptimal or delayed decisions due to fragmented data and incomplete insights. Without the right tools, high-value submissions can slip through the […] Read more Ā»
Artificial Intelligence Data Analytics Data Science Digital Transformation Insurance Insurance Claims Insurance Underwriting Intelligent Document Processing Intelligent Intake From submission to clearance: how automation is changing insurance submission triage January 23, 2025 by adamdev The insurance industry stands at a crossroads where innovation and tradition intersect. Submission triage, the process of managing and prioritizing incoming submissions, has historically been a manual, time-intensive task prone to inefficiencies. Today, automation and artificial intelligence (AI) are reshaping this critical workflow, offering insurers the tools to improve speed, accuracy, and scalability. For insurance […] Read more Ā»
Artificial Intelligence Data Analytics Data Science Digital Transformation Insurance Insurance Claims Insurance Underwriting Intelligent Document Processing Intelligent Intake How Bill Devine, former VP at Travelers, sees AI revolutionizing insurance underwriting January 21, 2025 by adamdev Things are changing in the insurance industryāAI and automated decisioning are reshaping workflows, elevating customer experiences, and streamlining operations. These advancements were at the center of a recent episode of Unstructured Unlocked, featuring Former VP of Travelers, Bill Devine. The conversation highlighted the challenges facing traditional underwriting processes and the immense potential AI holds for […] Read more Ā»
Artificial Intelligence Data Analytics Data Science Digital Transformation Insurance Insurance Claims Insurance Underwriting Intelligent Document Processing 5 Resolutions for insurers in 2025: Embrace the decision era January 16, 2025 by adamdev The insurance industry is in an interesting position currently. Legacy systems, complex regulatory landscapes, and ever-evolving customer expectations are challenging insurance companies to rethink how they operate. However, challenge brings opportunity: AI and automation are redefining workflows, improving decisioning, and delivering better customer experiences. As we step into 2025, another year in what weāve termed […] Read more Ā»
