Will generative AI be a revolution for insurance?
Unless you’ve spent the past year under a rock, you’ll be aware of the excitement for generative AI. While many have used the technology to write emails, do homework or create CVs, generative AI could be one of the most transformative technology stacks to businesses. Laila Beane, the chief marketing officer at IntellectAI, the insurtech and wealthtech brand of Intellect Design Arena, recently delved into generative AI’s impact on insurance.
How the digital transformation of underwriting remains a key headache for insurers
Tradition is something to be honoured, but not at the expense of progress. In recent years insurance carriers have moved away from paper forms, and instead implemented digitalisation throughout their product. But there is more to come. In particular, the digital transformation of underwriting still remains a key headache.
How Ascent is helping insurers and reinsurers boost profitability
Founded in 2005, Ascent has a key mission: help insurers and reinsurers become
more profitable by accelerating their ability to transact. We recently spoke to CCO
George Earp and Principal Architect Konrad Pfeffer to find out more.
Does insurance need to foster greater engagement with consumers?
Go to any FinTech event and it is instantly clear that customer engagement is a major priority for most companies. Given its significance, are insurance firms doing enough or should they be doing more?
The rebranding of insurance claims: how insurers are modernising a once antiquated process
Insurers are finding themselves on the cusp of an innovative overhaul, specifically with regard to the claims journey - a process historically plagued by complex systems and lack of transparency, but now being redefined by advancing technology and evolving customer expectations.
How Scanbot SDK has streamlined document scanning to transform insurance
As insurance firms eagerly adopt technology to improve their operations, Max Stratmann – chief revenue officer at Scanbot SDK – believes that digital document scanning is the key.
How to successfully implement a digital transformation
As the insurance industry experiences a pivotal shift towards digitalisation, InsurTech leaders emphasise the importance of digital transformation not only to meet evolving customer expectations but also to enhance operational efficiency and foster innovation.
Harnessing the power of big data: A new era for insurance and InsurTech
In the rapidly evolving world of insurance and InsurTech, the term "big data" is gaining significant traction. With implications for risk assessments, policy pricing and customer interactions, insurance industry professionals explore how it is driving innovation.
How can insurance be a force for good in pressing times?
Although insurance can be considered the safety net of society, protection gaps exist across developed and developing nations. Soaring inflation and the cost-of-living crisis has made this all the more relevant. Better understanding risk and building relationships is key in working towards closing protection gaps and serving customers more effectively.
Tech for Good: closing insurance protection gaps
Insurance protection gaps exist on a global scale, senior insurance executives discuss what the industry can do to improve this and enact a positive social impact.