Ira Sopic

Ira Sopic is currently focused on how insurance carriers are integrating AI and advanced analytics into their existing processes to increase efficiency and revolutionize the way they work. This includes the key partnerships that the industry is creating and a clear picture of how the future will be shaped.

Most Recent

An AI Road Map to the Future of Insurance

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It is striking how many carriers cite difficulties in actually embedding AI, a technology they recognize as so integral to their future success.

All Articles

AI and Results-Driven Innovation

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Insurance companies that commit to AI to the same extent as top-performing businesses could boost their revenue by an average 17%.

Understanding New Generations of Data

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New, more contextual streams of data have become available, allowing for robust analytical insights, with huge implications.

How Startups Win Customers' Hearts

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While 2018 saw many legacy carriers conduct pilots on improving the customer experience, it is imperative for the rest to act now.

Six Things

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Beware the Algorithm!

By Paul Carroll

Lawyers and consumer advocates are demonizing algorithms any time a decision goes against a policy holder. Let's talk about them less.

How to Navigate Social Inflation

Facing increasingly complex claims, insurers must modernize, shift their cultures to prioritize efficiency and empathy, and seek legal reforms. 

1

Managing Loss Control With Location Intelligence

By combining historical aerial imagery, property condition data, and AI, insurers can optimize underwriting, inspections, and fraud reduction.

2

A Practical Approach to AI in Insurance

Insurers can use AI to solve specific problems without causing major disruptions.

3

AI in Insurance: Balancing Innovation and Caution

AI's potential to transform insurance clashes with the industry's risk-averse nature, creating a complex landscape for insurers to navigate.

4

Why Obesity Rates Won't Stop Rising

The government must partner with organizations and insurers to increase the availability of obesity medications.

5

How Business Rules Engines Can Slash Time to Market

The systems streamline the management of business rules, letting insurers adapt swiftly and efficiently without the need for intervention by IT. 

6

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