Browsing: automation

Industry leaders at the 2025 Insurtech Insights Europe conference discussed the practical applications of generative AI (GenAI) in the insurance sector, focusing on moving from pilot projects to enterprise-wide implementation.

A new report by KPMG highlights the growing use of artificial intelligence (AI) in the insurance industry, with significant differences between life and general insurers. Despite high expectations for competitive advantage, trust in AI is a notable concern.

Transamerica streamlines agent licensing and appointment data through a new integration with AgentSync, promising faster policy processing and improved service efficiency.

Explore the transformative impact of Artificial Intelligence (AI) on the insurance underwriting process, including its benefits, implementation roadmap, and future implications.

An in-depth look at how AI is revolutionizing the commercial insurance sector, addressing legacy systems, and improving efficiency for brokers. This article offers a comprehensive view of the transformative potential of AI in commercial insurance.

Explore the benefits of AI in underwriting, addressing the challenges of manual processes and driving greater efficiency, accuracy, and customer satisfaction. Learn about the roadmap for integrating AI and the modernization of underwriting, ensuring insurance companies stay competitive in a data-driven world.

Industry experts discussed the transformative impact of artificial intelligence (AI) on the insurance sector and its implications for captive insurance at the annual CICA conference.

Outmarket AI, a nascent company leveraging artificial intelligence to modernize commercial insurance processes, has completed a $4.7 million seed funding round.

The insurtech market is experiencing a surge in growth, fueled by increasing global insurance claims and advancements in claims processing. Projections indicate substantial expansion in the coming years.

Allstate is using AI to handle customer claims, claiming that it results in clearer and more compassionate interactions. This move may signal a shift in the insurance industry.