Remove Analytics Remove Innovation Remove Insurance
article thumbnail

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
article thumbnail

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

CIO

The answer informs how you integrate innovation into your operations and balance competing priorities to drive long-term success. 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.

Company 186
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Marsh McLennan IT reorg lays foundation for gen AI

CIO

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.

article thumbnail

Marsh McLellan IT reorg lays foundation for gen AI

CIO

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.

article thumbnail

Cowbell raises $100M to build out its AI-based cyber insurance platform for SMBs

TechCrunch

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
article thumbnail

Level raises $27M from Khosla, Lightspeed ‘to rebuild insurance from the ground up’

TechCrunch

Founded in 2018, New York City-based Level says it’s “rebuilding insurance from the ground up” via flexible networks and real-time claims with the goal of helping employers and employees get the most out of their benefit dollars. . Insurance is confusing and often feels unfair.

Insurance 246
article thumbnail

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.