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 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 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 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 Data Analytics Data Science Digital Transformation Intelligent Document Processing Unstructured Unlocked Generative motion: a new approach to unstructured data with Cartwheel’s Andrew Carr September 20, 2024 by adamdev Recently on the Unstructured Unlocked podcast, host Tom Wilde sat down with Andrew Carr, founder and chief scientist of Cartwheel, to explore how generative motion can provide new perspectives on unstructured data. Carrās insights into using AI to transform animation and motion, particularly in gaming and entertainment, offer a novel look at the intersection of […] 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»