Search Results for: insurers

Roots Automation Releases Whitepaper on Unstructured Data Challenges and Opportunities for Insurers
Analytics Artificial Intelligence InsurTech News

Roots Automation Releases Whitepaper on Unstructured Data Challenges and Opportunities for Insurers

PR Newswire
by PR Newswire0
Highlights the significant impact AI can have on insurance underwriting and claims teams Roots Automation, creator of the AI-powered Digital Coworker and InsurGPT, the world’s first generative AI model for insurance, announced the availability of a new whitepaper, “Solving the Insurance Industry’s Unstructured Data Challenge with AI.” The whitepaper, being released at Guidewire Connections......
Majority of banks and insurers struggle to maximize the value from their cloud investments
Cloud Finance Fintech Investments News

Majority of banks and insurers struggle to maximize the value from their cloud investments

GlobeNewswire
by GlobeNewswire0
Majority of banks and insurers struggle to maximize the value from their cloud investments Less than 40% of financial services executives say they are highly satisfied with their cloud outcomes Most banks and insurers adopt cloud solutions with the primary objective to drive operational efficiency (84%) Protecting customer data and......
Neutrinos Unveils New Intelligent Automation Platform, Unlocking Unmatched Digital Transformation Capabilities for Insurers
Fintech InsurTech News

Neutrinos Unveils New Intelligent Automation Platform, Unlocking Unmatched Digital Transformation Capabilities for Insurers

PR Newswire
by PR Newswire0
New Automation Platform with 60+ Pre-Built Assets to Accelerate Insurance Industry Reinvention  Neutrinos, a technology company that automates business processes for insurance enterprises, announced a major strategic shift with the launch of its new Neutrinos Intelligent Automation Platform. This next-generation platform represents a significant evolution in the company’s direction, moving......
Insurity-Launches-Document-Intelligence,-Powered-by-OIP-Robotics,-Utilizing-AI-to-Enhance-Data-Extraction-Accuracy-and-Efficiency-for-Insurers
Artificial Intelligence Finance Fintech News

Insurity Launches Document Intelligence, Powered by OIP Robotics, Utilizing AI to Enhance Data Extraction Accuracy and Efficiency for Insurers

Business Wire
by Business Wire0
Insurity Document Intelligence, powered by OIP Robotics, uses advanced AI to extract data from documents with 99% accuracy, reducing operational costs and enhancing efficiency and productivity Insurity, the leading provider of cloud software for insurance carriers, brokers, and MGAs, today announced the launch of Insurity Document Intelligence, powered by OIP......
Sixfold's AI Prepares Insurers for Future Risks in Cyber Insurance
Artificial Intelligence Finance Fintech News

Sixfold’s AI Prepares Insurers for Future Risks in Cyber Insurance

PR Newswire
by PR Newswire0
Insurers using Sixfold’s AI can quickly adapt their risk strategies to address new cyber threats, providing accurate and future-ready underwriting assessments. Additionally, the partnership with CyberCube aligns with the strategy of utilizing the best data sources to streamline underwriting, keeping insurers ahead as cyber insurance premiums are projected to reach $20......
Sapiens Partners with Addresscloud to Enhance Insurers' Geographic Risk Insights
InsurTech News

Sapiens Partners with Addresscloud to Enhance Insurers’ Geographic Risk Insights

PR Newswire
by PR Newswire0
The partnership empowers insurers with enhanced risk evaluation and underwriting decisions Sapiens International Corporation, a leading global provider of software solutions for the insurance industry, announced a partnership with Addresscloud, a cloud-based location intelligence provider, to empower insurers with enhanced capabilities to understand geographic risk and make more informed underwriting decisions......
LOKKER Launches New Web Privacy Risk Summary for Insurers
InsurTech News

LOKKER Launches New Web Privacy Risk Summary for Insurers

PR Newswire
by PR Newswire0
Provides insurers the ability to generate on-demand, real-time web privacy risk reports to share with their insureds to reduce related fines, lawsuits, and breaches LOKKER, provider of online data privacy and compliance solutions for enterprises, released a new privacy solution for insurers: the ability to share on-demand web privacy risk......
$50 Billion Opportunity Emerges for Insurers Worldwide From Generative AI’s Potential to Boost Revenues and Take out Costs
InsurTech News

$50 Billion Opportunity Emerges for Insurers Worldwide From Generative AI’s Potential to Boost Revenues and Take out Costs

PR Newswire
by PR Newswire0
As generative AI continues to evolve, Bain urges insurance companies to take several critical steps to adapt to the fast-developing technology. Insurance businesses worldwide have a $50 billion dollar financial opportunity from generative AI to harness the technology in ways that could boost their revenues by as much as 20% and cut......
Best’s Special Report: N
Finance Fintech News

Best’s Special Report: New Standard Continues to Pressure South Korea Insurers’ Capital Management

Business Wire
by Business Wire0
The Best’s Special Report, titled “Implementation of K-ICS Continues to Pressure South Korean Insurers’ Capital Management,” notes that the magnitude of the decline in the industry’s average solvency ratio was smaller than initially expected. The implementation of more stringent risk measurement under the Korean-Insurance Capital Standards (K-ICS) a year ago......
Conning Survey: U.S. Insurers to Embrace More Portfolio Risk in 2024, Welcome AI Tools in Investment Process
Artificial Intelligence Fintech Investments

Conning Risk Assessment Survey of U.S. Insurers Released

Fintech News Desk
by Fintech News Desk0
62% of U.S. P&C/life insurers expect to add investment risk in 2024 51% expect their allocations to private assets will be at least 20% in the next two years Three in four insurers using or piloting AI in investment process Conning, an insurance asset management firm released its third annual......
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