Gen AI in Insurance: Transforming the Game, But at What Cost?Gen AI for insurance offers immense promise. But it’s not all smooth sailing — there are significant risks that insurers need to tackle2d ago2d ago
Cutting Customer Churn With Smarter Insurance Billing SoftwareInsurance Billing’s no longer just a back-office operation. It’s a strategic tool that impacts customer retention and erational efficiency.Jan 20Jan 20
How Open APIs Are Rewriting the Rules of InsuranceApplication Programming Interfaces (APIs) are revolutionizing the insurance industry by enabling seamless integration of advanced…Dec 31, 2024Dec 31, 2024
Why 1 in 4 P&C Insurers Are Turning to AI to Handle Extreme Weather RisksHurricanes Helene and Milton in 2024 serve as stark reminders of the chaos extreme weather can unleash, pushing insurers to overhaul their…Dec 30, 2024Dec 30, 2024
Behind the Scenes of Risk: The Power of Intelligent UnderwritingThe insurance industry has always walked a fine line: delivering precise risk assessments while maintaining operational efficiency and…Nov 26, 2024Nov 26, 2024
No AI, No Edge: The Real Cost of Modernizing Insurance Without IntelligenceBetween natural disasters and shifting consumer trends, insurers are feeling the heat. Insurance companies aiming to remain competitive…Nov 17, 2024Nov 17, 2024
Insurance Ecosystem Networks: Game-Changer or Fad?Recent actions by American regulators, like the National Association of Insurance Commissioners (NAIC) and state insurance departments…Oct 28, 2024Oct 28, 2024
Online Payment Data Security for Insurance in the Digital AgeConsumer preferences for digital wallets have surged in the last year. In 2024, 36% of point-of-sale (POS) payments in North America are…Oct 15, 2024Oct 15, 2024
AI Virtual Assistants Are Revolutionizing Insurance: Time to Catch Up or Get Left BehindIn the insurance industry, rising customer expectations indicate an increased demand for more self-guided interaction with providers before…Oct 7, 2024Oct 7, 2024
Is the Hidden Gold in Insurers’ Historical Data Being Overlooked?Data has long been the backbone of the insurance industry, shaping decisions, pricing models, and risk management strategies. Insurers…Oct 4, 2024Oct 4, 2024
