Tag: automation

The insurance industry is undergoing a transformative shift, propelled by the integration of Artificial Intelligence (AI). As insurers grapple with increasingly complex claims and rising customer expectations, AI has emerged as a potent tool to streamline processes, enhance accuracy, and elevate customer satisfaction levels. However, amidst the plethora of AI solutions available, selecting the right option for claims management is not a simple task, as the AI automation platform Simplifai explains.

Simplifai, the secure AI automation provider, has been chosen by ERV Nordic to enhance the efficiency of their travel insurance claims handling processes.

Ushur, a leading provider of Customer Experience Automation solutions, continues to innovate with its latest major release, which includes the introduction of a key feature aimed at empowering citizen developers.

Verisk, a leading global data analytics and technology provider, has introduced an automated Generative AI tool which has been designed to support faster insurance claims processing.

In the dynamic realm of insurance, a silent revolution is underway, orchestrated not by charismatic CEOs or flamboyant disruptors but by the enigmatic force of machine learning (ML). These complex algorithms have become insurance industry oracles, predicting claims and determining premiums with uncanny accuracy.

75% of key decision-makers in the healthcare, insurance, and financial services industries are now "comfortable" incorporating AI and automation into customer-facing strategies or communications, according to research from Customer Experience Automation™ (CXA) pioneer Ushur.

Low Code No Code (LCNC) software, a transformative innovation in the realm of application development, caters to individuals lacking coding experience. These platforms offer intuitive drag-and-drop interfaces, enabling users to craft applications effortlessly. InsurTech Ushur delves into the fundamental aspects of LCNC software, exploring its significance, key components, and the potential impact on businesses.

In the rapidly evolving world of group benefits, companies are doubling down on strategies that enhance their interactions and boost operational efficiency. Especially during the peak seasons, these firms are navigating a maze of challenges, with effective communication emerging as a paramount concern.

Hourly.io has selected Origami Risk's multi-tenant SaaS P/C core solution to introduce critical automation to their insurance platform.

Research indicates that the Generative AI market is at a pivotal moment. According to Grandview Research’s Market Analysis report, the global generative AI market size stood at USD 10.14bn in 2022 and is poised to witness a compound annual growth rate (CAGR) of 35.6% from 2023 to 2030.