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 necessityāitās also a strategic advantage. Compliance goes beyond ticking boxes; itās 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 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 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 Insurance Insurance Claims Insurance Underwriting Intelligent Document Processing Intelligent Intake Streamlining data collection for underwriting with intelligent document processing August 29, 2024 by adamdev Efficient data collection and analysis are incredibly important aspects of effective underwriting. Insurance companies rely heavily on accurate, timely data to assess risks, set premiums, and make informed decisions. However, traditional methods of data collection are often labor-intensive, prone to error, and time-consuming, which can lead to delays and inaccuracies in the underwriting process. Thatās […] Read more Ā»
Artificial Intelligence Insurance Insurance Claims Intelligent Document Processing Intelligent Intake How intelligent document processing (IDP) transforms claims management July 30, 2024 by adamdev Leveraging advanced AI technologies, Intelligent Document Processing (IDP) is changing the claims management space by streamlining processes, reducing processing times, and minimizing errors. This article will cover how IDP achieves these improvements and its impact on the insurance industry at large, using case studies as examples. Streamlining the Claims Process with IDP The claims process […] Read more Ā»
Artificial Intelligence Insurance Underwriting Intelligent Document Processing Intelligent Intake Unstructured Unlocked AI and ML in insurance underwriting with Deloitte Consultingās Kelly Cusick June 28, 2024 by adamdev In episode 3 of Unstructured Unlocked, hosts Tom Wilde and Michelle Gouveia discussed the transformative impact of AI and machine learning in the insurance industry with Kelly Cusick, Managing Director at Deloitte Consulting. The conversation focused on how these technologies are reshaping underwriting, risk assessment, and overall operational efficiency. Listen to the full podcast here: […] Read more Ā»
