CIO

MARCH 20, 2025

The virtual event also highlighted EXLs Insurance LLM , a purpose-built solution for claims adjudication and underwriting, and EXLerate.AI , which combines AI agents and domain-specific large language models (LLMs) to manage and automate complex business workflows.

Artificial Inteligence 139

Artificial Inteligence Enterprise Insurance Artificial Intelligence 139

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

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

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. Insurants are not satisfied with their service providers.

Insurance 130

Insurance Artificial Inteligence Machine Learning Blockchain 130

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

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 75

Generative AI Technical Review Insurance Policies 75

AWS Machine Learning - AI

MARCH 20, 2025

It often requires managing multiple machine learning (ML) models, designing complex workflows, and integrating diverse data sources into production-ready formats. In retail and hospitality, speech analytics drives customer engagement by uncovering insights from live feedback and recorded interactions.

Data 108

Data Generative AI Artificial Inteligence Compliance 108

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

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

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

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

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

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 Artificial Inteligence Machine Learning Analytics 196

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

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

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

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

DataRobot

JULY 21, 2022

Download the Machine Learning Project Checklist. Planning Machine Learning Projects. Machine learning and AI empower organizations to analyze data, discover insights, and drive decision making from troves of data. More organizations are investing in machine learning than ever before.

Artificial Inteligence 98

Artificial Inteligence Machine Learning Development Team Review Software Review 98

CIO

AUGUST 21, 2024

Potential use cases spread across vertical industries that are steeped in document-intensive processes, including healthcare, financial services, banking, and insurance. Consider an insurance company corporate inbox that accepts claims, underwriting, and policy servicing submissions.

Artificial Inteligence 174

Artificial Inteligence Insurance Machine Learning Healthcare 174

TechCrunch

MARCH 15, 2021

million, funding that Xabi Uribe-Etxebarria, Sherpa’s founder and CEO, said it will be using to continue building out a privacy-focused machine learning platform based on a federated learning model alongside its existing conversational AI and search services. The company has closed $8.5

B2B 252

B2B Artificial Inteligence Machine Learning Open Source 252

TechCrunch

OCTOBER 29, 2020

Alaffia automates the process of auditing health insurance claims. The company’s machine learning dashboard is able to detect improper payments more quickly, conduct clinical claim reviews and generate reports, speeding up and cleaning up a process that’s been mostly manual and inefficient.

Meeting 213

Meeting VR Insurance Artificial Inteligence 213

Cloudera

SEPTEMBER 22, 2022

Insurance carriers are always looking to improve operational efficiency. To me, this means that by applying more data, analytics, and machine learning to reduce manual efforts helps you work smarter. Step two: expand machine learning and AI. You can read more about UDD here.

Analytics 102

Analytics Data Insurance eBook 102

Cloudera

NOVEMBER 16, 2020

The insurance industry has a long and intimate relationship with fraud in many different ways. Insurance fraud can take place at a process or business function level, most notably in claims or underwriting. The different venues to commit fraud against an insurer are mind-boggling, with serious financial consequences.

Insurance 101

Insurance Data Artificial Inteligence Machine Learning 101

TechCrunch

SEPTEMBER 20, 2022

Despite representing 10% of the world’s GDP, the tourism industry has been one of the last to embrace big data and analytics. On the analytics side, Zartico uses AI to predict activity, like the volume of visitors to a certain area, and to extract mentions of travel destinations from unstructured text (e.g. Image Credits: Zartico.

Tourism 240

Tourism Travel Technical Review Big Data 240

TechCrunch

NOVEMBER 2, 2022

While more data is generally a good thing, particularly where it concerns analytics, large volumes can be overwhelming to organize and govern — even for the savviest of organizations. According to Forrester, somewhere between 60% and 73% of data produced by enterprises goes unused for analytics. Image Credits: Alation.

Software 217

Software Data Artificial Inteligence Machine Learning 217

Altexsoft

SEPTEMBER 17, 2019

Or spend weeks, being suffocated by the bureaucracy of your insurance company just to get a refund after a minor car accident. An insurance company receives thousands of claims every day, which means that an insurance agent has to study each one of them, digitize, and distinguish real claims from the fake ones. Personalization.

Artificial Inteligence 15

Artificial Inteligence Machine Learning Insurance Banking 15

CIO

NOVEMBER 8, 2023

The Fortune 500 company, born an insurer in Des Moines, Iowa, roughly a decade after the Civil War ended, is under pressure to provide customers with an integrated experience, particularly due to its expanded financial services portfolio, including the acquisition of Wells Fargo’s Institutional Retirement and Trust (IRT) business, Kay says.

Technical Review 187

Technical Review Software Review Generative AI Artificial Inteligence 187

Perficient

MARCH 17, 2025

Leveraging advanced data analytics , AI, and machine learning can provide real-time insights into customer preferences, behaviors, and financial needs, creating highly individualized experiences that improve engagement and loyalty.

Trends 52

Trends Artificial Inteligence Machine Learning Compliance 52

Coforge

AUGUST 27, 2020

* field--node--title--blog-post.html.twig x field--node--title.html.twig * field--node--blog-post.html.twig * field--title.html.twig * field--string.html.twig * field.html.twig --> Machine Learning: Unlocking the Next for Insurers. It has also seen significant success in building analytics capabilities over the past few years.

Artificial Inteligence 52

Artificial Inteligence Machine Learning Insurance Artificial Intelligence 52

CIO

NOVEMBER 16, 2023

In a career spanning such companies as IBM, KeyCorp, M&T Bank, and BMO, she has “answered the call” many times, most recently as CIO of The Hartford, where she is responsible for the overall strategy, vision, and execution of business technology, cyber, data analytics, and data science. Can you expand on that?

Artificial Inteligence 193

Artificial Inteligence Insurance Agile Analytics 193

CIO

OCTOBER 18, 2023

Dutch insurance and asset management company Nationale-Nederlanden, part of the NN Group, has a presence in 19 countries and serves several million retail and corporate customers. Digitization vs tradition Although the insurance sector has a traditional image, that stopped being the case years ago, says Vaquero.

Company 192

Company Artificial Inteligence Insurance Technical Review 192

Newgen Software

JANUARY 16, 2025

Whether handling increased customer inquiries or processing large datasets, these systems adapt seamlessly to changing demands Key Applications of Workflow Automation Across Industries Insurance: AI-driven automation streamlines processes like claims management and policy underwriting.

Strategy 64

Strategy Insurance Systems Review Healthcare 64

Altexsoft

JUNE 14, 2021

In today’s society, insurers can no longer ignore the mounting expectations of customers. Clients now expect insurers to provide different levels of personalization that are fast, adaptable, and up to date. Is personalized insurance really the future of insurance? What is personalized insurance, and why is it important?

Insurance 88

Insurance Artificial Inteligence Machine Learning Policies 88

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

AWS Machine Learning - AI

APRIL 1, 2025

A machine learning experiment tracking agent that integrates with the Opik MCP server from Comet ML for managing, visualizing, and tracking machine learning experiments directly within development environments. A developer productivity assistant agent that integrates with Slack and GitHub MCP servers.

Generative AI 78

Generative AI AWS Artificial Inteligence Software Review 78

TechCrunch

JULY 12, 2021

“We’ve diversified outside of financial services and working with government, healthcare, telcos and insurance,” Vishal Marria, its founder and CEO, said in an interview. “That has been substantial. Quantexa raises $64.7M to bring big data intelligence to risk analysis and investigations.

Big Data 257

Big Data Tools Data Healthcare 257

Mobilunity

DECEMBER 24, 2024

PRO TIP Insurers must act now: getting tech capabilities to the needed state will take years, and the industry is approaching a tipping point in which structures will shift very quickly. We’ve reviewed reports from McKinsey and Deloitte to explore how companies start driving growth through insurance modernization.

Insurance 89

Insurance Technical Review Trends Industry 89