Tag: Generative AI

Wisedocs bags $4.5m from CIBC to streamline insurance claim reviews with...

Wisedocs, an innovative leader in the InsurTech sector, recently received a significant financial boost. CIBC Innovation Banking has extended $4.5m CAD in growth capital...

How GenAI is redefining insurance

Imagine a world where insurance isn’t bogged down by endless paperwork, long processing times, and one-size-fits-all policies. Instead, envision a landscape where every interaction is tailored to fit your unique needs, claims are processed swiftly and accurately, and customer service is available around the clock. Welcome to the transformative era of generative AI in insurance. 

Clearcover taps Ada to elevate its customer service experience

Clearcover, a leading InsurTech, is set to elevate its customer service experience through a new partnership with Ada. The collaboration will see Ada's generative AI-powered...

Harnessing GenAI: Strategies for integrating transformative technology in business

Generative AI, or GenAI, has rapidly shifted from a mere discussion point to a pivotal tool in business innovation, offering unprecedented efficiency and smart solutions. Ilya Mokin, head of R&D at Symfa, shares insights into integrating a ChatGPT bot within their in-house ERP system, highlighting the potential and challenges of custom on-demand reports and analytics.

The role of LLMs in enhancing BFSI operational efficiency and customer...

The advent of generative AI is not just a futuristic vision but a present reality transforming how businesses communicate with customers. This cutting-edge technology, underpinned by large language models (LLMs) like GPT-4, BERT, ELECTRA, and RoBERTa, is setting new standards for customer interaction and service delivery. It enables systems that not only manage communications but also predict and adapt to customer needs with unprecedented personalization and efficiency.

The Black Car Fund adopts CLARA Analytics AI to enhance claims...

The Black Car Fund, a not-for-profit organisation established by New York State, has announced its partnership with CLARA Analytics, a leader in the application of artificial intelligence in the insurance sector.

Navigating the hype: Is generative AI the future of InsurTech

The buzz around Generative Artificial Intelligence (AI) in the insurance sector is undeniable. Each keynote, panel, and networking break at business conferences seem to...

Clearcover launches GenAI insurance tool to expedite claims processing

Clearcover, the next-generation car insurance company, has announced the launch of its revolutionary generative AI solution.

Four key ways GenAI is reinventing insurance

Generative AI (GenAI) is fundamentally reshaping the insurance landscape, sparking innovation and driving customer-centric solutions. As the industry adapts to rapid technological advancements, the solution has emerged as a catalyst for change, revolutionising various aspects of the sector

How to avoid failure when implementing GenAI

In today's rapidly evolving digital landscape, leveraging cutting-edge technologies like Generative AI (GenAI) holds immense potential for businesses. However, ensuring success with GenAI implementation within Enterprise Resource Planning (ERP) systems comes with its own set of challenges and considerations.

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