The word from the LMA as the actuarial sector gets to grips with AI and machine learning; The LMA has today published the findings of a survey on artificial intelligence (AI) and machine learning (ML) […]
In the UK, insurance fraud is becoming a bigger issue and costs millions of dollars to businesses and consumers annually. Thus, in order to deal with this challenge, government agencies and insurers are looking for […]
For insurers the big savings via machine learning lie in streamlining routine admin tasks, like policy changes, renewals, or FNOL on lower value claims for example. But consumers have a slightly different viewpoint; what they […]
This article is by Erez Barak, Chief Technology Officer at Earnix, and it looks at how machine learning, automated systems and AI need to be balanced by the human touch across the insurance sector. Dynamic […]
Building your own insurance agency can seem daunting, but for those wanting to kickstart a digital brokerage, the tools are out there. Which leads us neatly to OutSystems. Here’s the latest; OutSystems, a specialist in […]
Planck, an AI-based risk research and data solutions for commercial insurers, announces the integration of powerful generative AI (GenAI) functionalities in a new underwriting workbench known as Planck PLUS. Planck PLUS is both a strategic […]
Over in the USA, the problem of motorcycle theft is just as serious as it is in Western Europe. High value machines are targeted, plus off-roaders. The National Insurance Crime Bureau (NICB) has published stats […]
This piece is by Rory Yates, Global Strategic Lead at insurance platform provider, EIS, and it looks at the idea of regulating AI usage across the insurance sector. One way to do that would be […]
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