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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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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. This integration empowers P&C insurers to streamline their operations, maximize efficiency, and deliver excellent customer-focused experiences.

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Navigating the cloud maze: A 5-phase approach to optimizing cloud strategies

CIO

In todays fast-paced digital landscape, the cloud has emerged as a cornerstone of modern business infrastructure, offering unparalleled scalability, agility, and cost-efficiency. Cracking this code or aspect of cloud optimization is the most critical piece for enterprises to strike gold with the scalability of AI solutions.

Cloud 147
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Influential National Association of Insurance Commissioners (NAIC) Moves On Cyber

CTOvision

Cybersecurity practitioners and policymakers have long been discussing the potential positive benefits of smart insurance policy and standards to reduce risk. Of the many actions and activities we see in the insurance world today, the news of NAIC involvement is seen as particularly interesting. What is the NAIC? territories.

Insurance 117
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Principal Financial Group uses QnABot on AWS and Amazon Q Business to enhance workforce productivity with generative AI

AWS Machine Learning - AI

Amazon Q Business is a generative AI-powered assistant that can answer questions, provide summaries, generate content, and securely complete tasks based on data and information in your enterprise systems. This allowed fine-tuned management of user access to content and systems.

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Express Cloudera POV on 2021 data trends in insurance

Cloudera

We’ve written about the changes forced on the traditionally risk-averse insurance industry by COVID-19. In 2021, with the crisis hopefully fading, insurance will have time to evaluate the changes made in 2020, assessing what worked and what didn’t, and planning a new way forward rather than reacting in real time. .

Insurance 105