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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] AI in action The benefits of this approach are clear to see.

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YC-backed Curacel unveils new API platform that enables tech-led businesses to offer insurance

TechCrunch

Curacel , the YC-backed startup that is developing insurance infrastructure for the African market, has launched a new interface that allows digital businesses like those in retail, fintech, e-commerce and logistics to add insurance to their core products. Insurance companies were losing a lot of money to fraud.

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11 ways to ensure IT-business alignment

CIO

They understand that their strategies, capabilities, resources, and management systems should be configured to support the enterprise’s overarching purpose and goals. He adds that silos can also be a major hinderance to innovation and employee upskilling. Most IT and business executives recognize the necessity of close alignment.

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8 investors weigh in on the state of insurtech in Q3 2022

TechCrunch

Who are the most likely acquirers of insurtech startups right now: Legacy insurance companies, or private equity funds? Smart legacy insurance companies are looking for insurtechs that have great technology, but not enough customers or premium volume to get the most value out of the technology. How does Europe measure up? startups.

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Insurance Technologies: 13 Disruptive Ideas to Change Insurance Companies with Telematics, Blockchain, Machine Learning, and APIs

Altexsoft

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.

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Newgen x Guidewire: Unlocking the World of Possibilities for P&C Insurers

Newgen Software

Customers expect seamless, personalized experiences, while insurers want faster processes, smarter systems, and a magic wand to keep up with market demands. About the Award The Guidewire Partner Connect Consulting Excellence Awards aims to recognize innovation, impact, and growth across Guidewires partner ecosystem.