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.

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CIO

NOVEMBER 26, 2024

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.

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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.

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TechCrunch

NOVEMBER 28, 2022

The first tranche of $19 million was announced in March, and led by Cathay innovation with participation from ACA and returning investors OpenSpace. Other lead investors were the Women’s World Banking Asset Management (WAM), FinnFund, La Maison and returning investors Cathay Innovation.

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Insurance Artificial Inteligence Policies Artificial Intelligence 236

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.

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Artificial Inteligence Insurance Meeting Artificial Intelligence 226

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.

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Artificial Inteligence Insurance Artificial Intelligence Machine Learning 237

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.

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Insurance Technical Review Trends Industry 88

CIO

SEPTEMBER 12, 2022

A shift has occurred and IT is now viewed as an equal partner in driving business growth with CIOs recognized as the de facto leaders of innovation. Here, they and others share seven ways to create and nurture a culture of innovation. Innovation is a double-edged sword: It is critical to growth — but that’s also what makes it risky. “It

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Culture Innovation How To Artificial Inteligence 200

CIO

MAY 16, 2023

In six short months, ChatGPT propelled artificial intelligence (AI) into the minds and imaginations of the masses more than any other development since the term “AI” was coined in 1956. AI surpassed other technologies in conversations about innovation The research underscores that AI is leading the way in accelerating innovation.

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Perficient

OCTOBER 29, 2024

The 2024 InsureTech Connect (ITC) conference was truly exhilarating, with key takeaways impacting the insurance industry. The industry is constantly evolving, and ITC displays the alignment of everyone within the insurance industry surrounding the same purpose. Moreover, AI is not here to replace the human, but rather assist the human.

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Insurance Artificial Inteligence Artificial Intelligence Industry 111

Let's Grow Leaders

APRIL 24, 2023

The Power of Workplace Culture in an AI Universe: A virtual conversation about Empathy and Innovation Note: This article on Workplace Culture is an excerpt from Chapter 2 of our book, Courageous Culture: How to Build Teams of Micro-Innovators, Problem Solvers, and Customer Advocates. What’s your perspective on that?”

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TechCrunch

NOVEMBER 22, 2021

Most people in Africa wish to utilize various insurance products but are often deterred by the associated high premiums. It is, therefore, not surprising that insurance penetration across the continent remains marginal, with reported premiums per capita being 11 times lower than the world average, according to a McKinsey study.

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Programming Insurance Technical Support Transportation 239

CIO

JUNE 13, 2023

The pace of innovation is relentless. The next generation promises to deliver the same unstoppable parade of innovation. The chain of transactions held in the distributed ledger might track insurance payments, car purchases, or any number of assets. Embracing an idea before it’s ready can be invigorating — if you’re right.

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UruIT

MAY 7, 2021

Some time ago, a team of Innovation and Machine Learning experts started working in Cogniflow: a no-code Machine Learning platform that makes it easier than ever to build solutions that involve Artificial Intelligence. The magic of Artificial Intelligence! We announced the activity and people got excited about it.

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Artificial Inteligence Artificial Intelligence UI/UX Machine Learning 98

Hacker Earth Developers Blog

MARCH 5, 2019

Health insurance companies may find data capture by IoT-enabled wearables useful for detecting frauds and validating claims. While the technology is yet to be widely adopted due to the prohibitive setup cost and security concerns, advances in artificial intelligence technologies can help overcome the data challenges of the smart grid.

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CIO

NOVEMBER 27, 2024

By eliminating time-consuming tasks such as data entry, document processing, and report generation, AI allows teams to focus on higher-value, strategic initiatives that fuel innovation. With the rise of AI and data-driven decision-making, new regulations like the EU Artificial Intelligence Act and potential federal AI legislation in the U.S.

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CIO

SEPTEMBER 1, 2024

While Artificial Intelligence has evolved in hyper speed –from a simple algorithm to a sophisticated system, deepfakes have emerged as one its more chaotic offerings. To avoid reputational damage and legal issues, organizations should consider ethical implications while working on AI innovation,” he says.

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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.

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TechCrunch

OCTOBER 15, 2021

But with the region’s thirst for innovation, the market is expected to expand nearly tenfold over the next decade, with open banking through the use of APIs leading the way and acting as digital transformation facilitators. Fintech regulations in Latin America could fuel growth or freeze out startups.

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CIO

DECEMBER 17, 2024

Instead, it is the modernisation of workloads to enhance innovation and efficiency, coupled with the adoption of artificial intelligence (AI). Data centres, as a key component of any cloud infrastructure, particularly those used by banks and insurance firms, consume significant energy.

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TechCrunch

FEBRUARY 28, 2022

While many lament government regulation as an infringement on innovation, I believe increased scrutiny is a net positive for the future of the software industry. anti-competitive practices that stifled innovation, as was the case with AT&T, IBM, Microsoft and today’s tech titans) rather than how their software operated.

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TechCrunch

APRIL 18, 2022

Guanchun Wang, Laiye’s founder and CEO, saw the “value of artificial intelligence” in the years he worked at Baidu’s smart speaker department after his film discovery startup was sold to the Chinese search engine giant.

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Artificial Inteligence Artificial Intelligence Film Machine Learning 250

TechCrunch

FEBRUARY 19, 2021

Naturally, Big Tech players have recognized the opportunity to foray into financial services and flex their innovation muscles, giving banks and credit unions a strenuous run for their money. Financial behavior also potentially includes highly personal purchases, such as medications, insurance policies and even engagement rings.

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TechCrunch

JUNE 3, 2021

Augmize – Augmize builds risk models for property and casualty insurers using interpretable machine learning. Axela Innovation – Axela Innovations created a smart platform that joins up care services and puts the person receiving care at the center of the process.

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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.

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Company Artificial Inteligence Insurance Technical Review 192

CIO

DECEMBER 19, 2024

What if artificial intelligence (AI) could prevent 1,000 potential outages and improve IT service health and delivery by more than 75%? The insurance company decided to migrate from on-premises BMC Remedy to cloud-based BMC Helix ITSM and Discovery. IT teams would sleep better, but thats just the start.

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TechCrunch

MARCH 7, 2022

The opportunities are countless, from data analytics to innovative distribution channels.”. Also, 12 insurance companies have signed up, giving it access to a pool of customers within Uganda and across East Africa since most of them have a regional presence. “We Image Credits: Rocket Health.

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TechCrunch

JANUARY 4, 2022

It is also poised for greater growth as the adoption of lending, digital payments, banking and insurance services grows. . Innovations around mobile money and digital payments have allowed for the processing of payments online and offline through USSD or STK commands, over apps or using NFC technology.

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Fintech Technical Review Mobile Software Review 289

CIO

DECEMBER 11, 2023

This regulation aims to ensure that fundamental rights, democracy, the rule of law and environmental sustainability are protected from high risk AI, while boosting innovation and making Europe a leader in the field,” said the press release issued by European Parliament. It is a myth that the AI Act will hamper innovation.

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AWS Machine Learning - AI

FEBRUARY 8, 2024

They can enhance operational efficiency, customer service, and decision-making while reducing costs and enabling innovation. What factors determine my car insurance premium? How can I lower my car insurance rates? The insurance claims processing sample provides an example front-end for the evidence upload URL.

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Knowledge Base Insurance Lambda AWS 130

CIO

NOVEMBER 16, 2023

She also shared some of the lessons she’s learned about taking risks, navigating complexity, fostering an innovative culture, and creating significant impact across the business. As part of your extreme automation pillar, you’re on a journey to simplify and modernize applications and data assets to drive speed, agility, and innovation.

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N2Growth Blog

APRIL 29, 2021

We are witnessing the creation of an entirely new paradigm, a fierce wave of technological innovation boosting generations of new businesses and business leaders. Blockchain, machine learning, artificial intelligence, augmented reality, 3D printing, and robotics are among the most important technologies of today’s rapidly changing world.

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Innovation Technology Artificial Inteligence Blockchain 107

TechCrunch

MAY 24, 2022

Latin American startups have a steeper hill to climb, but this also drives them to innovate and help each other in interesting ways. Over time, it has expanded its offerings and now also automates insurance policies for, and provides inventory financing, to its clients. .

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Fintech Insurance Artificial Inteligence Artificial Intelligence 186

TechCrunch

NOVEMBER 19, 2021

Today, an insurance startup called Kettle that believes it has built a better product — specifically, reinsurance underwriting product to insure insurers — to account for catastrophic events like these, by way of better data science, is announcing some funding on the heels of (sadly) more need for its services.

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Insurance Weak Development Team Artificial Inteligence Technical Review 197

Altexsoft

JUNE 6, 2019

Fast checkout, personalized recommendations, or instant access to customer care at any time are a few services that can be implemented with the help of artificial intelligence. The Federal Deposit Insurance Corporation in their 2017 survey estimated that 6.5 percent of U.S.

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Artificial Inteligence Artificial Intelligence Retail Innovation 89

CIO

MAY 8, 2024

On behalf of insurance carriers, pharmacy benefit managers, and other healthcare payers, Expion negotiates prices with pharmacies and medical practices based on volume discounts and other factors. The ExpionIQ Advisor project has earned Expion Health a 2024 CIO Award for IT leadership and innovation.

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Artificial Inteligence Insurance Healthcare Machine Learning 166

TechCrunch

NOVEMBER 17, 2020

Hover — which has built a platform that uses eight basic smartphone photos to patch together a 3D image of your home that can then be used by contractors, insurance companies and others to assess a repair, price out the job, and then order the parts to do the work — has raised $60 million in new funding.

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