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Why a data-first culture is key to unlocking value from AI in insurance

CIO

Data is the lifeblood of the modern insurance business. Yet, despite the huge role it plays and the massive amount of data that is collected each day, most insurers struggle when it comes to accessing, analyzing, and driving business decisions from that data. There are lots of reasons for this.

Insurance 197
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Why thinking like a tech company is essential for your business’s survival

CIO

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
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Are enterprises ready to adopt AI at scale?

CIO

Whether it’s a financial services firm looking to build a personalized virtual assistant or an insurance company in need of ML models capable of identifying potential fraud, artificial intelligence (AI) is primed to transform nearly every industry.

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Accelerating AI at scale without sacrificing security

CIO

For some, it might be implementing a custom chatbot, or personalized recommendations built on advanced analytics and pushed out through a mobile app to customers. How does a business stand out in a competitive market with AI? are creating additional layers of accountability. are creating additional layers of accountability.

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Operational resilience delivered: BMC Helix helps financial institutions meet compliance

CIO

DORA mandates explicit compliance measures, including resilience testing, incident reporting, and third-party risk management, with non-compliance resulting in severe penalties. BMC Helix provides real-time alerts for emerging threats and uses predictive analytics to recommend corrective actions.

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AI in action: Stories of how enterprises are transforming and modernizing

CIO

This solution is designed to accelerate platform modernization, streamline workflow assessment and enable data discovery, helping organizations drive efficiency, scalability and compliance, said Swati Malhotra, AI solutions leader at EXL. We should expect this trend to transition to more strategic foundations on embedding AI, Lim said.

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Accelerating insurance policy reviews with generative AI: Verisk’s Mozart companion

AWS Machine Learning - AI

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.