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11:11 Systems: Empowering enterprises to modernize, protect, and manage their IT assets and data

CIO

Diamond founded 11:11 Systems to meet that need – and 11:11 hasn’t stopped growing since. Our valued customers include everything from global, Fortune 500 brands to startups that all rely on IT to do business and achieve a competitive advantage,” says Dante Orsini, chief strategy officer at 11:11 Systems. “We

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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.

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Unlocking the full potential of enterprise AI

CIO

Research from Gartner, for example, shows that approximately 30% of generative AI (GenAI) will not make it past the proof-of-concept phase by the end of 2025, due to factors including poor data quality, inadequate risk controls, and escalating costs. [1] Without the necessary guardrails and governance, AI can be harmful.

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How to know a business process is ripe for agentic AI

CIO

Does [it] have in place thecompliance review and monitoring structure to initially evaluate the risks of the specific agentic AI; monitor and correct where issues arise; measure success; remain up to date on applicable law and regulation? The agent acts as a bridge across teams to ensure smoother workflows and decision-making, she says.

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Colorado AI legislation further complicates compliance equation

CIO

The bill defines consequential decision as being any decision “that has a material legal or similarly significant effect on the provision or denial to any consumer,” which includes educational enrollment, employment or employment opportunity, financial or lending service, healthcare services, housing, insurance, or a legal service.

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Sesamm bags $37M to give corporates ESG insights using natural language processing

TechCrunch

investment giant Carlyle Group , French corporate and investment bank Natixis , Japanese multinational insurance holding company Tokio Marine , and U.K.-based Companies can access Sesamm’s flagship product, TextReveal , via several conduits, including an API that brings Sesamm’s NLP engine into their own systems.

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Counting the cost of CrowdStrike: the bug that bit billions

CIO

As eye-popping estimates emerge for the cost to enterprises of dealing with aftermath of last week’s CrowdStrike-induced outages, it’s crucial to break down the sources of these expenses and understand how much of the financial burden will be absorbed by cyber insurance. 700 million for remediation alone According to a study by J.

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