Artificial Intelligence – Page 11
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NewsInsurance sector in ‘buoyant mood’ as expectations of growth improve – Lloyds Bank
’Headwinds do remain in the market and insurers on both sides will need to remain vigilant as the year progresses,’ says managing director
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News AnalysisTechTalk: Uptick in chief artificial intelligence officers joining insurance c-suites
AI ’doesn’t fit squarely in technology [roles] because data is involved’, therefore more firms have begun hiring chief artificial intelligence officers, says chief executive
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NewsAlmost a third of Brits ‘not very comfortable’ with AI claim decisions – GlobalData
’The findings show that enough consumers are already open to interacting with AI to make it worthwhile to invest in,’ says senior insurance analyst
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News AnalysisIn Focus: How can firms prevent their software from becoming legacy technology?
We asked: With rapid technological evolution, how can firms prevent their software platforms from becoming legacy tech in the medium-term while keeping pace with advancements?
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NewsOpen GI inks AI partnership to save brokers’ time
’Time-saving tech’ from collaboration aims to help the software house’s broker partners ’to focus on growth and evolution’, says chief executive
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NewsUnderwriters worried about being replaced by AI – Hyperexponential
’Actuaries and underwriters can add significantly more value by embracing and leveraging AI,’ says chief executive and co-founder
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NewsRevealed: Which firms won at the Tech and Innovation Awards 2024?
Double wins and debut successes at the 2024 Tech and Innovation Awards – was your firm among the winners?
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Sponsored ContentSix factors for a successful telematics programme – SambaSafety
Charles Smith, vice-president of product at driving risk management firm SambaSafety, outlines the components that should underpin a comprehensive telematics offering
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NewsCrowdstrike IT outage could prompt ‘greater demand for cyber cover’
Cyber ’losses stemming from non-malicious causes’ are ’underserviced in the current market’, says head of London markets
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NewsGo Compare strikes deal with insurtech to boost pricing
’We realised the key issues faced by new companies were the cost of the system infrastructure and access to the right data and technology,’ says director
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IT InterviewBen Legg: Open GI homing in on ‘North Star’ of empowering brokers to write better business
’We see our role in the market to empower our brokers to write more and better quality business, as well as improving the lives of anyone using insurance products,’ says chief product officer
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NewsDavies appoints first group chief AI officer
The appointee ’is uniquely qualified to optimise our internal processes’, says chief operations officer
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NewsBroker ‘winners’ are those that embed ‘intelligent automation into workflows’ – Applied Systems
Artificial intelligence can support brokers in being more ‘efficient, effective and responsive’, says chief product officer
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NewsAI will enhance, not replace, human interactions in Lloyd’s market
’The key message is that digital is not going to replace humans’, says deputy chief underwriting officer, but will ’improve productivity in the market’
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NewsTechnology obsolescence is biggest digital threat in 2024 – Beazley
’Businesses need to adopt a robust risk mitigation strategy and perform diligent horizon scanning when adopting new technology,’ says new report
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IT InterviewInsurers will need to take the pain if they are to make the most of AI – Esure
Having the right underlying systems in place to support AI functionality is crucial, according to insurer’s chief customer officer
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NewsUse of technology essential for insurance firms’ ‘survival’
“It is not only a question [of] competitive evolution and competitive advantage, but it’s [also about] absolute survival,’ says chief executive
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IT InterviewChris Newton: Send Technology is focused on ‘solving real world problems for underwriters’
Chief technology officer believes the commercial insurance sector is ’ripe for disruption’
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NewsEmbedded insurance insurtech partners with HSBC and Numeral to improve claims payment process
’We see the claims journey as the moment of truth for customers,’ says chief customer officer
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News AnalysisTechTalk: Crypto stock market crash could burst AI bubble for insurtechs
’The downturn in the crypto markets signals a period of heightened caution and strategic reassessment’, says chief operating officer
