CIO

MARCH 13, 2025

For us, that means remembering our core mission: providing risk management and insurance solutions to our customers in a way that helps them protect their businesses and families. Thats the mindset we need to bring into every business, whether were selling insurance, financial services, or something else entirely.

Company 186

Company Generative AI Insurance Education 186

CIO

NOVEMBER 1, 2024

One of the world’s largest risk advisors and insurance brokers launched a digital transformation five years ago to better enable its clients to navigate the political, social, and economic waves rising in the digital information age. Simultaneously, major decisions were made to unify the company’s data and analytics platform.

Generative AI 158

Generative AI Technical Advisors Insurance Weak Development Team 158

TechCrunch

MARCH 15, 2022

Cybercrime is on the rise, and today an insurance startup that’s built an artificial intelligence-based platform to help manage the risks from that is announcing a big round of funding to meet the opportunity. “Underwriting cyber insurance for SMEs is a more dire prospect than for large enterprises,” he said.

Insurance 260

Insurance SMB Artificial Intelligence Artificial Inteligence 260

CIO

SEPTEMBER 29, 2022

New York-based insurance provider Travelers, with 30,000 employees and 2021 revenues of about $35 billion, is in the business of risk. s SVP and chief data & analytics officer, has a crowâ??s s unique about the [chief data officer] role is it sits at the cross-section of data, technology, and analytics,â??

Machine Learning 201

Machine Learning Artificial Inteligence Travel Technical Review 201

CIO

APRIL 15, 2022

Organizations across every industry have been and continue to invest heavily in data and analytics. But like oil, data and analytics have their dark side. According to CIO’s State of the CIO 2022 report, 35% of IT leaders say that data and business analytics will drive the most IT investment at their organization this year.

Analytics 218

Analytics Artificial Inteligence Machine Learning Systems Review 218

CIO

JULY 24, 2024

Large language models (LLMs) are hard to beat when it comes to instantly parsing reams of publicly available data to generate responses to general knowledge queries. The key to this approach is developing a solid data foundation to support the GenAI model.

Artificial Inteligence 113

Artificial Inteligence Off-The-Shelf Insurance How To 113

TechCrunch

MAY 9, 2022

Pervasive BI remains elusive, but statistics on the category reveal that about a third of employees use BI tools for analytics to inform strategy. The big data and business analytics market could be worth $684 billion by 2030, according to Valuates Reports, if such outrageously high estimates are to be believed.

Analytics 215

Analytics Business Intelligence Software Review Business Analytics 215

AWS Machine Learning - AI

MARCH 7, 2025

Verisk (Nasdaq: VRSK) is a leading strategic data analytics and technology partner to the global insurance industry, empowering clients to strengthen operating efficiency, improve underwriting and claims outcomes, combat fraud, and make informed decisions about global risks.

Generative AI 81

Generative AI Technical Review Insurance Policies 81

CIO

AUGUST 21, 2024

As explained in a previous post , with the advent of AI-based tools and intelligent document processing (IDP) systems, ECM tools can now go further by automating many processes that were once completely manual. Consider an insurance company corporate inbox that accepts claims, underwriting, and policy servicing submissions.

Artificial Inteligence 174

Artificial Inteligence Insurance Machine Learning Healthcare 174

Altexsoft

SEPTEMBER 27, 2020

Have you ever tried to check your insurance claim status? While some insurance carriers have made significant modifications courtesy of disruptive digitalization (we’ve already discussed this topic in our whitepaper), most companies trail behind. As a result, the large industry – which in the US accounts for $1.3

Insurance 130

Insurance Machine Learning Artificial Inteligence Blockchain 130

TechCrunch

MAY 17, 2023

The funding was led by Tokio Marine, Japan’s first insurance company, and life insurance leader MetLife through its subsidiary MetLife Next Gen Ventures. Embedded means insurance or protection products that are embedded into the customer experience as they buy a product or sign up for a service.

Insurance 245

Insurance Artificial Inteligence Artificial Intelligence Generative AI 245

AWS Machine Learning - AI

MARCH 13, 2025

DeepSeek-R1 , developed by AI startup DeepSeek AI , is an advanced large language model (LLM) distinguished by its innovative, multi-stage training process. Instead of relying solely on traditional pre-training and fine-tuning, DeepSeek-R1 integrates reinforcement learning to achieve more refined outputs.

Artificial Inteligence 81

Artificial Inteligence AWS Machine Learning Load Balancer 81

CIO

JUNE 7, 2022

What is data analytics? Data analytics is a discipline focused on extracting insights from data. The chief aim of data analytics is to apply statistical analysis and technologies on data to find trends and solve problems. What are the four types of data analytics?

Analytics 203

Analytics Data Analysis Business Analytics 203

AWS Machine Learning - AI

APRIL 1, 2025

AI agents extend large language models (LLMs) by interacting with external systems, executing complex workflows, and maintaining contextual awareness across operations. About the authors Mark Roy is a Principal Machine Learning Architect for AWS, helping customers design and build generative AI solutions.

Generative AI 131

Generative AI AWS Artificial Inteligence Software Review 131

AWS Machine Learning - AI

MARCH 20, 2025

Traditionally, transforming raw data into actionable intelligence has demanded significant engineering effort. It often requires managing multiple machine learning (ML) models, designing complex workflows, and integrating diverse data sources into production-ready formats.

Data 104

Data Generative AI Artificial Inteligence Compliance 104

CIO

JANUARY 9, 2025

This includes developing a data-driven culture where data and analytics are integrated into all functions and all employees understand the value of data, how to use it, and how to protect it. People are knocking at the door, wanting to learn more. It wasnt difficult finding people who wanted to be a part of it.

Data 135

Data Artificial Intelligence Artificial Inteligence Analytics 135

TechCrunch

MARCH 7, 2023

All said, Assured Allies joins with insurtech companies around the world that did manage to secure some decent funding recently, including Equisoft , Naked Insurance , Turaco and Acko. It has been proven to reduce the cost of long-term insurance claims by roughly 20%, Nahir told TechCrunch. Akilia Partners and Samsung Next.

Artificial Inteligence 237

Artificial Inteligence Insurance Artificial Intelligence Machine Learning 237

Exadel

JULY 6, 2022

The banking landscape is constantly changing, and the application of machine learning in banking is arguably still in its early stages. Machine learning solutions are already rooted in the finance and banking industry. Machine learning solutions are already rooted in the finance and banking industry.

Artificial Inteligence 140

Artificial Inteligence Machine Learning Banking Fintech 140

CIO

JULY 31, 2023

Natural disasters have been increasing in frequency, severity, and diversity in recent years, pressuring insurers to be more efficient and to anticipate event and claim fallout. Second, RDA addresses post-NatCat planning to help insurers’ prioritize property inspections. trillion.

Insurance 147

Insurance Artificial Inteligence Artificial Intelligence Strategy 147

CIO

MARCH 4, 2025

Artificial intelligence: Driving ROI across the board AI is the poster child of deep tech making a direct impact on business performance. Satellite technology: Rapid growth in satellite constellations benefits telecom (remote connectivity), insurance and agriculture (high-resolution crop monitoring and disaster assessment).

Technology 177

Technology Biotech Artificial Intelligence Artificial Inteligence 177

Altexsoft

JULY 23, 2020

When speaking of machine learning, we typically discuss data preparation or model building. The fusion of terms “machine learning” and “operations”, MLOps is a set of methods to automate the lifecycle of machine learning algorithms in production — from initial model training to deployment to retraining against new data.

Artificial Inteligence 145

Artificial Inteligence Machine Learning DevOps Tools 145

CIO

DECEMBER 1, 2023

Since its origins in the early 1970s, LexisNexis and its portfolio of legal and business data and analytics services have faced competitive threats heralded by the rise of the Internet, Google Search, and open source software — and now perhaps its most formidable adversary yet: generative AI, Reihl notes. We will pick the optimal LLM.

Generative AI 193

Generative AI Artificial Inteligence ChatGPT Azure 193

CIO

MARCH 11, 2025

Elevating hybrid business processes One scenario where agentic AI can have an impact is with business processes that already blend automated and human decision-based tasks, says Priya Iragavarapu, vice president of data science and analytics at global management and technology consulting firm AArete.

How To 191

How To Systems Review Technical Review Software Review 191

AWS Machine Learning - AI

NOVEMBER 15, 2024

Additional integrations with services like Amazon Data Firehose , AWS Glue , and Amazon Athena allowed for historical reporting, user activity analytics, and sentiment trends over time through Amazon QuickSight. Dr. Nicki Susman is a Senior Machine Learning Engineer and the Technical Lead of the Principal AI Enablement team.

Generative AI 113

Generative AI AWS Groups Artificial Inteligence 113

TechCrunch

JANUARY 11, 2023

This means PasarPolis will be able to offer new products and work with partners like Tokopedia, Gojek, Traveloka, Xiaomi and IKEA Indonesia to create custom insurance policies. . PasarPolis is able to underwrite insurance products because of its strategic partnership with Tap Insurance.

Insurance 233

Insurance Policies Machine Learning Artificial Inteligence 233

AWS Machine Learning - AI

MARCH 13, 2025

In this post, we dive deeper into one of MaestroQAs key featuresconversation analytics, which helps support teams uncover customer concerns, address points of friction, adapt support workflows, and identify areas for coaching through the use of Amazon Bedrock.

Generative AI 103

Generative AI CTO Coach AWS Artificial Inteligence 103

TechCrunch

MARCH 21, 2022

It says that more than 250 banks, credit unions, insurance companies and other financial services businesses currently use its tools to help its customer service teams field support questions — and, because so much customer service is interlinked with sales these days, potentially upsell those customers to more services.

Artificial Inteligence 244

Artificial Inteligence Artificial Intelligence Video Insurance 244

CIO

SEPTEMBER 9, 2024

The regulation impacts a broad spectrum of financial institutions, including banks, brokers, credit institutions, insurance companies, and payments processors. One notable tool, BMC HelixGPT , uses a large language model (LLM) that drives a suite of AI-powered software agents.

Artificial Inteligence 173

Artificial Inteligence Disaster Recovery Compliance Business Continuity 173

The Accidental Successful CIO

JANUARY 25, 2023

However, now, industries as diverse as retailing, manufacturing, finance and insurance are taking advantage of new products that make it much easier for businesses to create AI tools specific to their needs. What All Of This Means For You CIOs have seen artificial intelligence (AI) coming for some time now.

Artificial Inteligence 98

Artificial Inteligence Artificial Intelligence Machine Learning Training 98

Altexsoft

APRIL 13, 2021

The insurance industry is notoriously bad at customer experience. In the last few years, Chinese tech giants have been making massive strides at becoming the center of insurance innovation. To compete, insurance companies revolutionize the industry using AI, IoT, and big data. Not in China though. Why automate claims?

Machine Learning 87

Machine Learning Artificial Inteligence Insurance Technical Review 87

TechCrunch

APRIL 27, 2022

The startup has raised $25 million, a Series B that is being led by insurance and financial services giant USAA , with Mastercard, Capital One Ventures, C5 Capital, DataTribe, the CIA’s strategic investment arm In-Q-Tel, Cyber Mentor Fund, Bloomberg Beta, GC&H, and 1843 Capital also participating. .”

Tools 196

Tools Machine Learning Artificial Inteligence Analytics 196

AWS Machine Learning - AI

MAY 9, 2024

Verisk (Nasdaq: VRSK) is a leading data analytics and technology partner for the global insurance industry. Through advanced analytics, software, research, and industry expertise across over 20 countries, Verisk helps build resilience for individuals, communities, and businesses.

Generative AI 128

Generative AI Artificial Inteligence Technical Review Development Team Review 128

CIO

APRIL 2, 2025

The SAP Business Technology Platform offers in-memory processing, agile services for data integration and application extension, as well as embedded analytics and intelligent technologies. The API-based open architecture also enables partners and customers to flexibly and continuously expand their IT landscape.

System 161

System Architecture Cloud Tourism 161

CIO

DECEMBER 26, 2024

Among the recent trends impacting IT are the heavy shift into the cloud, the emergence of hybrid work, increased reliance on mobility, growing use of artificial intelligence, and ongoing efforts to build digital businesses. Indeed lists various salaries for IT consultants.

Fractional CTO 187

Fractional CTO Technical Review Technical Advisors How To 187

Cloudera

NOVEMBER 4, 2020

Insurance is no different. Insurance is not something the average consumer thinks about every day but when a life changing event happens, insurance becomes extremely important. It is in this “Moment of Truth” that insurers excel or fail. To provide the best price, the insurer needs to better understand their customer.

Insurance 116

Insurance Machine Learning Artificial Inteligence Technical Review 116

Perficient

MARCH 17, 2025

Financial Services Trend #1: AI Transforming the Future of Finance Artificial intelligence (AI) is revolutionizing the financial services industry, driving significant advancements across banking, wealth and asset management, payments, and beyond.

Trends 52

Trends Artificial Inteligence Machine Learning Compliance 52

Data Virtualization

MARCH 20, 2025

Reading Time: 4 minutes Insurance CIOs stand at a pivotal crossroads. Insurance data is vast, complex, and deeply intertwined with risk. The post Developing a Practical, Value-Driven GenAI Strategy for Insurance appeared first on Data Management Blog - Data Integration and Modern Data Management Articles, Analysis and Information.

Insurance 52

Insurance Strategy Development Generative AI 52