How AI Transforms Risk Engineering By Jack Liu “AI could contribute to the global economy by 2030, more than the current output of China and India combined.”
How AI Can Tackle Claims Staffing Gap By Thomas Ash A job description with “acquire AI superpowers” might appeal to millennials more than “study policy footnotes and calculate claim reserves.”
NPS Scores Provide 3 Keys to Growth By Corey Brundage Automation, analytics and the right ecosystem of partners can drive up customer satisfaction and let carriers grow in these chaotic times.
How AI Powers Customer Contacts By Patrick Kehoe Existing and prospective customers now expect prompt, appropriate answers via the channel of their choice, or they may look to your competitors.
Best AI Tech for P&C Personal Lines By Mark Breading The value rankings indicate that user interaction technologies fueled by AI are at the top of the list for personal lines insurers.
Six Things Newsletter | October 26, 2020 By Insurance Thought Leadership In this week's Six Things, Paul Carroll asks - where are all those benefits promised by AI? Plus, how to pursue innovation in a crisis; speeding innovation in life insurance; a future-proof operating model; and more.
Where Are All Those Benefits Promised By Paul Carroll Two recent studies shed light both on how to realize the gains that AI can provide — and on how the industry remains unrealistic.
AI Ends Guesswork in Uncertain World By Gary Hagmueller AI is highly sensitive to new data and tends to react immediately, creating a dynamically updated vision of the future.
Tech Secret to a Combined Ratio Below 100% By Matteo Carbone Deepak Karthikeyan While large personal auto insurers have adopted telematics-based programs, they’re only scratching the surface of the potential benefits.
Insurtech Is at an Inflection Point By Tom Kussurelis Insurtech funding has been dropping since 2021 and hit a 20-quarter low in 4Q22. Will it rebound, continue on a flat path or decline further?
'Digital Twins': The Race Is On By Roger Arnemann The concept is widely adopted in manufacturing and supply chain. Insurers that integrate digital twins will significantly out-compete rivals.
Insurance in 2030: What Does the Future Hold? By Marie Carr In an increasingly fractured world, insurers have to cover a greater array and frequency of intensifying risks.