Artificial Intelligence – Page 6
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News
Insurance bosses ‘constantly’ wondering if they are ‘missing a trick’ over AI use
’Everyone within the industry is constantly looking left and right,’ says managing director
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High Five: Catch up on the biggest stories this week
Insurance Times rounds up the biggest stories of this week
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Insurtech UK welcomes new government scheme for AI and digital innovations
’It is vitally important that regulatory agencies work together,’ says chief executive
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Tech and Innovation Awards 2023 in pictures
The photos are in for last week’s Tech and Innovation Awards 2023, can you spot yourself?
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Video: Relive the 2023 Tech and Innovation Awards
Last week, Insurance Times welcomed the best and brightest of the insurance technology world to the glitzy Royal Lancaster in London to hand out some coveted awards
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News Analysis
In Focus: How can commercial lines brokers harness technology to enhance customer service?
Insurance Times asks industry experts how data driven insights can streamline operations and drive innovation
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Markel reduces quote turnaround time with help of AI
’It underscores what can be achieved when insurers invest in digitising their underwriting workflows,’ says chief executive
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News Analysis
Revealed: Who won at the Tech and Innovation Awards 2023?
Some firms scored a hat-trick, others walked away with two awards and some made podium debuts at the Tech and Innovation Awards – was it you?
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Poloworks launches new digital division to support digitisation of London market
’We are very much aware that going forward, brokers will need more full-time support,’ says chief executive
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Hubb rebrands as Taveo to ‘accurately reflect mission’
’Our new brand identity is a significant milestone for Taveo,’ says cofounder and chief executive
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News Analysis
The ‘determining factor’ that will make consumers ‘stay or quit’ an insurer
’The service expectation of customers today is increasing,’ says chief executive
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LLMs are an ‘efficiency driver’ for insurance industry – so what does it mean for jobs?
’AI is not going to replace you, but a person that knows how to use AI will definitely replace you,’ says technology entrepreneur
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Cowbell continues UK expansion with new cyber product launch
’Cowbell is committed to addressing cyber risk challenges on a global scale and our expansion into the UK is a testament to this,’ says general manager
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News Analysis
Insurance firms ‘pivot’ towards front-facing and operational technology
’As firms strategise for 2023 and beyond, the integration of technology and the addressing of skill gaps will likely be at the forefront of their agendas,’ says chief executive
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AI and advanced analytics transforming insurance claims handling – Aviva
’Analytics and claims bring to life the knowledge we possess about our customers,’ says head of customer experience and insight
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Insurance sector leads the way in adopting artificial intelligence – Hyland
’It’s about getting the right information to the right person at the right time,’ says vice president
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Majority of UK insurance executives investing in AI and machine learning
’Businesses are exploring how they can build trust with existing and potential new clients,’ says head of platforms, strategy, operations and venture
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News Analysis
AI can ‘turbocharge’ the UK insurance sector – NTT Data
’AI provides the ability to personalise the insurance jargon and output in a way that the recipient of communications will understand,’ says industry development lead
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Brokers should not ‘shy away’ from AI over lack of trust
Managing director says there ’is a huge future for AI models in all facets of insurance’
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News Analysis
Chief executive impersonation fraud rises during economic downturn and AI explosion
The increasing use of artificial intelligence has made impersonation fraud more accessible, against the backdrop of inflation and economic uncertainty