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Insurers Address Ethical Concerns with AI to Shape the Future of Claims and Risk Management

Insurers Address Ethical Concerns with AI to Shape the Future of Claims and Risk Management

As AI transforms the property and casualty insurance industry, insurers are uniquely positioned to guide ethical standards, balancing innovation and risk management while collaborating with regulators.
September 17, 2024 Insurance Industry Risk Management Technology Underwriting

How Underwriters Can Overcome Automation Anxiety and Thrive

How Underwriters Can Overcome Automation Anxiety and Thrive

Automation is essential for underwriters to meet growing industry demands for advanced risk assessment, enabling faster, more accurate decisions through data-centric processes and AI.
September 13, 2024 Insurance Industry Risk Management Technology Underwriting

Top Innovators in AI-Powered Insurance Fraud Detection

Top Innovators in AI-Powered Insurance Fraud Detection

AI is transforming insurance fraud detection, with leading companies like State Farm, Ping An, and IBM developing cutting-edge algorithms to identify fraudulent claims and protect insurers.
September 3, 2024 Fraud Insurance Industry Technology Underwriting

Rising Vessel Complexity and Size Escalate Risks in Global Marine Insurance Market

Rising Vessel Complexity and Size Escalate Risks in Global Marine Insurance Market

As vessels grow in size and complexity, the global marine insurance market faces heightened risks, leading to increased volatility and the need for long-term strategies to manage major losses.
August 26, 2024 Insurance Industry Marine Risk Management Underwriting

Insurance Industry Braces for Major Hiring Boom in 2024

Insurance Industry Braces for Major Hiring Boom in 2024

The insurance industry is gearing up for significant employment growth in 2024, with over half of companies planning to expand their workforce despite ongoing recruitment challenges.
August 19, 2024 Insurance Industry Property Technology Underwriting

Traditional or Digital? Which Insurance Model Will Prevail?

Traditional or Digital? Which Insurance Model Will Prevail?

As the insurance industry evolves, the debate intensifies: will established traditional insurers maintain dominance, or will innovative, digital-first companies lead the future by meeting evolving customer expectations?
August 19, 2024 Insurance Industry Risk Management Technology Underwriting

How AI is Revolutionizing Insurance Operations

How AI is Revolutionizing Insurance Operations

Generative AI is transforming commercial insurance by reducing costs and increasing efficiency through improved risk selection and service capabilities.
August 7, 2024 Risk Management Technology Underwriting

Embracing Solar Power: Technological Evolution and Insurance Industry Challenges

Embracing Solar Power: Technological Evolution and Insurance Industry Challenges

Jason Kaminsky, CEO of kWh Analytics, discusses how advancements in solar technology are reshaping the insurance landscape and addressing emerging liabilities.
July 24, 2024 Insurance Industry Risk Management Technology Underwriting

The Future of Underwriting: Embracing AI and Automation

The Future of Underwriting: Embracing AI and Automation

The integration of AI and business rules engines in underwriting is revolutionizing the industry, reducing menial tasks, and enabling underwriters to focus on strategic issues.
July 24, 2024 Insurance Industry Risk Management Technology Underwriting

Emerging Challenges in US Workers’ Compensation Market: Swiss Re Analysis

Emerging Challenges in US Workers’ Compensation Market: Swiss Re Analysis

After a decade of profitability, the US workers’ compensation insurance market faces new risks, requiring disciplined underwriting to maintain stability.
July 23, 2024 Insurance Industry Risk Management Underwriting Workers' Compensation California New Jersey New York

Challenges and Innovations in Insurance Underwriting Amid Economic Uncertainty

Challenges and Innovations in Insurance Underwriting Amid Economic Uncertainty

With high inflation, climate risks, and varying state regulations, insurance underwriting and pricing rely more than ever on accurate loss projections and economic forecasts.
July 23, 2024 Insurance Industry Risk Management Technology Underwriting

Niches: The Future of the Insurance Market?

Niches: The Future of the Insurance Market?

Skyward Specialty’s CEO Andrew Robinson shares insights on the power of focusing on niche markets in insurance.
July 19, 2024 Insurance Industry Risk Management Technology Underwriting California

Keys to Successful Digital Transformation for Insurance Firms

Keys to Successful Digital Transformation for Insurance Firms

Assessing the market, balancing technology and business, and committing to growth are key steps in successful digital transformation.
July 17, 2024 Life & Health Risk Management Technology Underwriting

Unlocking Potential in the E&S Insurance Market

Unlocking Potential in the E&S Insurance Market

The excess and surplus insurance market is dynamically growing, providing major opportunities for insurtechs.
June 18, 2024 Excess & Surplus Lines Insurance Industry Technology Underwriting New York

InsurTech Leaders Highlight AI’s Role in Underwriting

InsurTech Leaders Highlight AI’s Role in Underwriting

Harnessing previously uncaptured data is key to underwriting success, agree two InsurTech executives, as AI transforms the insurance sector.
June 12, 2024 Insurance Industry Risk Management Technology Underwriting New York
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