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 183

Generative AI Technical Advisors Insurance Weak Development Team 183

CIO

DECEMBER 5, 2024

In today’s data-driven world, large enterprises are aware of the immense opportunities that data and analytics present. Why data distilleries are a game-changer: Insights from the insurance industry Traditionally, managing data in sectors like insurance relied on fragmented systems and manual processes.

Enterprise 158

Enterprise Data Insurance Business Intelligence 158

TechCrunch

MAY 12, 2021

Planck , the AI-based data platform for commercial insurance underwriting, announced today it has raised a $20 million growth round. Planck said it currently works with “dozens of commercial insurance companies in the U.S.,” including more than half of the top-30 insurers. It will use its new funding to build its U.S.

Insurance 189

Insurance Analytics Data Technical Review 189

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

Xebia

OCTOBER 30, 2024

Data and AI Knowledge Sharing at Meetups Jochem Loedeman co-organized the MLOps Community Amsterdam Meetup, where Julian de Ruiter participated in a roundtable session titled: Community Discussion on the Impact of Large Language Models (LLMs) on their MLOps Careers. You can learn more about them here.

Data 130

Data Artificial Inteligence Analytics Insurance 130

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 88

Generative AI Technical Review Insurance Policies 88

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??

Artificial Inteligence 201

Artificial Inteligence Machine Learning 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.

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Analytics Artificial Inteligence Machine Learning Systems Review 218

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

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

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.

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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 Artificial Inteligence Machine Learning 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 94

Artificial Inteligence AWS Machine Learning Load Balancer 94

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

TechCrunch

JANUARY 11, 2022

Synthetic data is fake data, but not random: MOSTLY AI uses artificial intelligence to achieve a high degree of fidelity to its clients’ databases. This demand for privacy-preserving solutions and the concomitant rise of machine learning have created significant momentum for synthetic data. ” Seeing more U.S.

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Artificial Inteligence Data Artificial Intelligence Machine Learning 332

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

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 134

Generative AI AWS Artificial Inteligence Software Review 134

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 111

Data Generative AI Artificial Inteligence Compliance 111

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

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

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

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 Artificial Inteligence Machine Learning 233

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

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 109

Generative AI CTO Coach AWS Artificial Inteligence 109

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

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?

Artificial Inteligence 87

Artificial Inteligence Machine Learning Insurance Technical Review 87

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 129

Generative AI Artificial Inteligence Technical Review Development Team Review 129

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 168

System Architecture Cloud Tourism 168

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. .”

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Tools Artificial Inteligence Machine Learning Analytics 196