Gen-AI is undeniably reshaping the insurance landscape, with a growing impact across the industry. More importantly, it delivers measurable ROI in key areas such as customer service, claims processing, and underwriting, driving efficiency and improving performance. But how can you identify the most ...
DeepSeek disrupts narrative, providing questions for the AI industry The high performance and low cost of Hangzhou DeepSeek Artificial Intelligence Co. Ltd.'s V3 and R1 models have ignited the market, challenging long-standing assumptions. S&P Global Market Intelligence | Podcast Feb 18, 2025 Nex...
"The insurance industry has made headway in generative AI with customer experience and chatbot enhancements, but insurers must focus on adopting comprehensive governance frameworks that ensure transparency, privacy, and explainability to ensure they...
Insurance has historically been stuck in a digital transformation rut — it’s often one of the last industries to embrace emerging technologies. But enterprise-grade generative AI solutions have the potential to change the insurance industry’s reputation for lagging behind. With generative AI technol...
As generative artificial intelligence (AI) continues to rapidly evolve, it has sparked transformative change across the insurance industry. In recent years, the traditional insurance model of manual decision-making had already shifted to an increasingly data-driven ecosystem. However, the latest advan...
In the insurance industry, progress is already happening. Generative AI has found its way into applications at the most innovative firms, especially companies that supply insurance carriers and self-insureds with software services. At my firm, our newest products incorporate elements of GAI to assist...
3 life insurance underwriting predictions for the year ahead Life insurance stands on the cusp of a new chapter in reinvention. Until now, insurers have been gradually moving forward with wide-scale digital transformation. But with the impacts of AI, including ... ...
insurance industry leaders who will discuss how AI can fundamentally reshape the insurance industry, from underwriting and risk assessment, to claims processing and customer service. Gain insights into Azure OpenAI capabilities and the controls needed to effectively manage privacy, bias and legal ris...
. As Verisk continues to expand the AI companion’s capabilities while adhering to ethical and responsible AI development practices, they are poised to unlock greater value for customers, enable staff to focus on innovation, and set new standar...
The insurance industry is experiencing a GenAI revolution. Claims processing is being streamlined through automation, saving valuable time and resources. Risk assessment is also being enhanced, with GenAI analyzing massive datasets to pinpoint potential risks and ensure accurate policy pricing. But that'...