Artificial Intelligence Digital Transformation Insurance Insurance Claims Insurance Underwriting Intelligent Document Processing Machine Learning Maximizing underwriting profitability through AI-powered document processing April 24, 2025 by adamdev The insurance industry is no stranger to complex workflows, particularly in underwriting. Traditional underwriting processes often rely heavily on manual labor, consuming time and resources while introducing opportunities for error. To stay competitive and meet customer demands, insurers must adopt smarter, more efficient ways to handle underwriting tasks. This is where intelligent document processing (IDP) […] Read more Ā»
Artificial Intelligence Data Analytics Data Science Digital Transformation Insurance Claims Insurance Underwriting Intelligent Document Processing Machine Learning Better data, better decisions webinar recap: How AI and automation are reshaping risk and pricing April 16, 2025 by adamdev Accurate data and advanced technology are transforming every industryābut perhaps none so profoundly as insurance. By adopting artificial intelligence (AI) and automation, insurers can now improve underwriting workflows, enhance risk evaluation, and make more precise pricing decisions. These innovations not only increase profitability but also help carriers compete in todayās fast-paced environment. We recently hosted […] Read more Ā»
Artificial Intelligence Data Analytics Data Science Digital Transformation Insurance Claims Insurance Underwriting Machine Learning Innovation vs. risk in insurance decisioning: Leveraging AI to transform strategy April 8, 2025 by adamdev The insurance industry is navigating a dynamic landscape where innovation and risk management intersect. With increasing complexity in underwriting, claims evaluation, and policy servicing, insurers are now looking to AI-powered solutions as a way to not only streamline operations but also supercharge their decision-making processes. Indico Data’s Decision Automation Platform is leading this transition, empowering […] Read more Ā»
Artificial Intelligence Data Analytics Data Science Digital Transformation Insurance Insurance Claims Insurance Underwriting Intelligent Document Processing Machine Learning Tami Pantzke on risk analysis for new technology and change management in insurance March 25, 2025 by adamdev The insurance industry is no stranger to complexity, especially when it comes to navigating the rapid pace of technological change. For companies to remain competitive, they must systematically evaluate new tools, plan implementations carefully, and adopt effective change management practices. On a recent episode of the Unstructured Unlocked podcast, Tami Pantzke, a seasoned reinsurance executive […] 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 Science Digital Transformation Insurance Claims Insurance Underwriting Intelligent Document Processing Machine Learning The power of submission clearance software in modern insurance workflows December 19, 2024 by adamdev For modern insurers, speed, accuracy, and efficiency are essential to success. Yet, traditional workflows often struggle to keep up with the growing complexities of underwriting and policy management. Submission clearance software has emerged as a major ally to insurers, enabling them to streamline operations, improve risk assessment, and enhance customer satisfaction. By leveraging advanced technologies […] Read more Ā»
Artificial Intelligence Data Science Digital Transformation Insurance Underwriting Intelligent Document Processing Machine Learning How underwriting triage powered by AI improves risk management December 17, 2024 by adamdev Underwriting triage is the foundation of effective underwriting risk management, setting the stage for how insurers evaluate submissions, prioritize risks, and allocate resources. But traditional methods often fall short in the fast-paced, data-driven industry of insurance. AI-powered underwriting triage introduces a transformative approach, streamlining workflows, improving risk assessment, and reshaping decisioning across the industry. This […] Read more Ā»
Artificial Intelligence Digital Transformation Insurance Insurance Underwriting Machine Learning AIās role in transforming insurance: Chapter 2 of Indicoās Decision Era eBook November 13, 2024 by adamdev This article is the second in a series of blog posts on Indicoās 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 Ā»
