CIO

OCTOBER 30, 2024

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.

Enterprise 209

Enterprise Artificial Inteligence Architecture Artificial Intelligence 209

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. So if you put it all together, every one of those transactions or interactions can be reinvented through a lens of technology, AI or machine learning.

Artificial Inteligence 201

Artificial Inteligence Machine Learning Travel Technical Review 201

TechCrunch

JANUARY 9, 2023

Superscript , an insurance broker and tech platform targeting SMEs and “high-growth” tech firms, has raised £45 million ($54 million) in a Series B round of funding. Founded out of London in 2015, Superscript constitutes two core insurance businesses: an online-only “self-serve” platform that’s available to U.K.

Insurance 305

Insurance Artificial Inteligence Machine Learning Fintech 305

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

TechCrunch

APRIL 12, 2022

Processing claims at scale presents a challenge for insurers, particularly where the claims entail factors like complex underlying health conditions. A growing cohort of startups including Alan, Tractable and Snapsheet offer tools to help customers navigate through the insurance claims process. ” Accelerating insurance claims.

Insurance 233

Insurance Artificial Inteligence Technical Review Machine Learning 233

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. Marsh McLennan created an AI Academy for training all employees.

Generative AI 183

Generative AI Technical Advisors Insurance Weak Development Team 183

TechCrunch

MAY 17, 2021

Over the years, the challenge of helping consumers more easily find car insurance was in the back of his mind. The Palo Alto-based startup launched a car insurance comparison service using artificial intelligence and machine learning in January 2019. Jerry is out to change that.”. Image Credits: Jerry.

Insurance 229

Insurance Artificial Inteligence Artificial Intelligence Comparison 229

TechCrunch

JULY 20, 2021

Alex Dalyac is the CEO and co-founder of Tractable , which develops artificial intelligence for accident and disaster recovery. Here’s how we did it, and what we learned along the way. In 2013, I was fortunate to get into artificial intelligence (more specifically, deep learning) six months before it blew up internationally.

Artificial Inteligence 316

Artificial Inteligence Artificial Intelligence Disaster Recovery Machine Learning 316

CIO

MARCH 18, 2025

It found that [a]reas with lower educational attainment showed somewhat higher LLM adoption rates in consumer complaints. As reported in the Wall Street Journal , insurer Allstate is using genAI to make 50,000 emails to customers a day more empathetic on behalf of its 23,000 claims representatives.

Artificial Inteligence 131

Artificial Inteligence ChatGPT Generative AI B2C 131

TechCrunch

OCTOBER 20, 2021

Resistant AI , which uses artificial intelligence to help financial services companies combat fraud and financial crime — selling tools to protect credit risk scoring models, payment systems, customer onboarding and more — has closed $16.6 million in Series A funding.

Fintech 256

Fintech Artificial Inteligence Tools Technical Review 256

CIO

MARCH 25, 2025

Artificial intelligence (AI) has rapidly shifted from buzz to business necessity over the past yearsomething Zscaler has seen firsthand while pioneering AI-powered solutions and tracking enterprise AI/ML activity in the worlds largest security cloud.

Enterprise 166

Enterprise Trends Artificial Inteligence Generative AI 166

CIO

JANUARY 5, 2025

By leveraging AI technologies such as generative AI, machine learning (ML), natural language processing (NLP), and computer vision in combination with robotic process automation (RPA), process and task mining, low/no-code development, and process orchestration, organizations can create smarter and more efficient workflows.

Enterprise 187

Enterprise Generative AI Weak Development Team Technical Review 187

TechCrunch

SEPTEMBER 1, 2021

How many of us have not switched insurance carriers because we don’t want to deal with the hassle of comparison shopping? Insurify has built a machine learning-based virtual insurance agent that integrates with more than 100 carriers to digitize — and personalize — the insurance shopping experience.

Insurance 194

Insurance Virtualization Artificial Inteligence Fintech 194

TechCrunch

AUGUST 19, 2021

DigiSure, a digital insurance company that caters to modern mobility form factors like peer-to-peer marketplaces, is officially coming out of stealth to announce a $13.1 DigiSure says it goes beyond credit and driving history to give users a more personalized quote, and in the process helps operators lower their own insurance costs.

Insurance 246

Insurance Mobile Weak Development Team Artificial Inteligence 246

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. Marsh McLellan created an AI Academy for training all employees.

Generative AI 158

Generative AI Technical Advisors Insurance Weak Development Team 158

TechCrunch

AUGUST 10, 2021

He also said the company “ continues to meet and exceed growth and revenue targets” with its first product, a service for comparing and buying car insurance. AI-powered Jerry raises $28M to help you save money on car insurance. Although Jerry also offers a similar product for home insurance, its focus is on car ownership.

Artificial Inteligence 252

Artificial Inteligence Insurance Artificial Intelligence Comparison 252

TechCrunch

JANUARY 25, 2021

Pula , a Kenyan insurtech startup that specialises in digital and agricultural insurance to derisk millions of smallholder farmers across Africa, has closed a Series A investment of $6 million. Agriculture insurance has traditionally relied on farm business. or Europe with typically large farms, an average insurance premium is $1,000.

Insurance 360

Insurance Artificial Inteligence Banking Artificial Intelligence 360

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 76

Generative AI Technical Review Insurance Policies 76

TechCrunch

FEBRUARY 7, 2023

More posts by this contributor A VC shares 5 things no one told you about pitching VCs 5 factors founders must consider before choosing their VC For artificial intelligence, 2022 was a year of breakthroughs.

Generative AI 258

Generative AI Real Estate Artificial Inteligence ChatGPT 258

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 75

Artificial Inteligence AWS Machine Learning Load Balancer 75

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

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 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

TechCrunch

JUNE 16, 2021

As the insurance industry adjusts to life in the 21st century (heh), an AI startup that has built computer vision tools to enable remote damage appraisals is announcing a significant round of growth funding. You’re dealing with so many touch points with your insurance, so many people that need to come and check things out again.

Disaster Recovery 288

Disaster Recovery Insurance Artificial Inteligence 3D 288

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

OCTOBER 16, 2024

>To help insurance brokerages tie in disparate systems to manage their operations and increase employee productivity, CRM software provider Salesforce has introduced a new offering in preview, the Financial Services Cloud. In addition, Financial Services Cloud can be used to service property and casualty insurance clients as well.

Insurance 179

Insurance Cloud Policies Study 179

TechCrunch

MAY 28, 2021

the concept of using a driver’s data to decide the cost of auto insurance premiums is not a new one. A new startup called Justos claims it will be the first Brazilian insurer to use drivers’ data to reward those who drive safely by offering “fairer” prices. The process to get insurance in the country, by any accounts, is a slow one.

Artificial Inteligence 226

Artificial Inteligence Insurance Meeting Artificial Intelligence 226

CIO

AUGUST 21, 2024

But it doesn’t have to be that way because enterprise content management systems have made great strides in that same timeframe, including with new artificial intelligence technology that makes it far easier for employees to find and make the best use of all the content the organization owns, no matter if it’s text, audio, or video.

Artificial Inteligence 201

Artificial Inteligence Enterprise Games Artificial Intelligence 201

TechCrunch

JUNE 10, 2021

Eightfold AI, a startup which uses deep learning and artificial intelligence to help companies find, recruit and retain workers , said on Thursday it has raised $220 million in a new round as it looks to accelerate its growth. SoftBank Vision Fund 2 led the Series E round of the five-year-old startup, which is now valued at $2.1

Artificial Inteligence 285

Artificial Inteligence Artificial Intelligence Recruiting Machine Learning 285

AWS Machine Learning - AI

NOVEMBER 15, 2024

Model monitoring of key NLP metrics was incorporated and controls were implemented to prevent unsafe, unethical, or off-topic responses. The flexible, scalable nature of AWS services makes it straightforward to continually refine the platform through improvements to the machine learning models and addition of new features.

Generative AI 113

Generative AI AWS Groups Artificial Inteligence 113

AWS Machine Learning - AI

NOVEMBER 1, 2024

Both models are shown in the following figure. Establishing application inference profiles for cost management Imagine an insurance provider embarking on a journey to enhance customer experience through generative AI. Dhawal Patel is a Principal Machine Learning Architect at AWS.

Generative AI 139

Generative AI AWS Artificial Inteligence Budget 139

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

N2Growth Blog

OCTOBER 12, 2023

Crafting the Future: The Significance of Selecting the Right Insurance Executive In today’s fast-paced and ever-evolving business environment, securing the right insurance executive is more than a mere hiring decision —it’s a pivotal investment in the company’s future.

Insurance 167

Insurance Artificial Inteligence Recruiting Leadership 167

TechCrunch

NOVEMBER 28, 2022

Igloo develops its insurance products and then partners with insurers who underwrite their policies. Igloo currently works with 20 global, regional and local insurers across Southeast Asia. It distributes its insurance products through partnerships, and is partnered with over 55 companies in 7 countries.

Insurance 236

Insurance Artificial Inteligence Policies Artificial Intelligence 236

TechCrunch

SEPTEMBER 16, 2022

Will Ross and William Steenbergen were AI researchers at Stanford working on climate and atmospheric modeling and reinforcement learning, respectively, when they began to collaborate on wildfire modeling and hurricane modeling initiatives for the insurance industry. Image Credits: Federato.

Insurance 176

Insurance Artificial Inteligence Policies Machine Learning 176

CIO

OCTOBER 3, 2024

Rather than pull away from big iron in the AI era, Big Blue is leaning into it, with plans in 2025 to release its next-generation Z mainframe , with a Telum II processor and Spyre AI Accelerator Card, positioned to run large language models (LLMs) and machine learning models for fraud detection and other use cases.

Artificial Inteligence 210

Artificial Inteligence Generative AI Machine Learning Enterprise 210

TechCrunch

JUNE 14, 2021

million in seed funding, led by DisruptiveAI, Phoenix Insurance, AXA-backed venture builder Kamet , Moneta Seeds and private investors. The round will help the company bolster the predictive AI and machine learning algorithms that power nSure AI’s “first of its kind” fraud protection platform.

Insurance 273

Insurance Airlines Artificial Inteligence Retail 273