Beyond digital transformation based on largely proven technology, insurers must patiently explore the capacity of emerging technologies, such as AI and Big Data, for reshaping business processes over the longer term.
Data & Analytics
Hiscox Selects Talage Wheelhouse to Improve Small Commercial Digital Distribution
Using Wheelhouse, agents will be able to more rapidly build targeted landing pages and digital applications which will facilitate faster booking of new business.
Hexaware Partners with Active.Ai on Digital Customer Experience
The joint strategy aims at providing digitalization and intelligent automation solutions to enable financial institutions to reach higher levels of efficiency and customer experience.
Enterprise Data Office—Essential Component of a Data-Driven Insurer
Although setting up an Enterprise Data Office and maturing this capability is a long journey for most organizations, the benefits that are realized by implementing EDO are almost immediate and long lasting.
ACORD Solutions Group Launches ADEPT Data Exchange Platform
Aon and Zurich North America collaborated with ACORD in the first data exchange of the ADEPT platform, designed to perform automated, real-time premium accounting reconciliation between insurers and brokers.
RPA Can’t Think: Insurers Should Invest in Cognitive AI
While RPA is trendy at the moment, it’s not the most efficient AI solution for insurance companies to implement. Enterprises will continue to see an increasingly meaningful and foundational impact from cognitive solutions.
How Cutting-Edge Carriers Are Earning Back a Big Slice of Their Marketing Costs
A few industry leaders are using predictive analytics to sell high-value ads on their websites—without cannibalizing sales.
Pacific Life Deploys Life.io to Transform Digital Customer Experience
Pacific Life selected Life.io solutions and SE2 Aurum on the strength of its digital solution suite and its ability to integrate with multiple existing third-party systems.
Betterview PropertyNow Helps P&C Insurers Provide Quicker More Accurate Quotes
The PropertyNow solution improves the speed and accuracy of quotes by providing prefill data on key property attributes for locations across the entire United States.
AI-Driven Damage Assessment Vendor Click-Ins Joins Sapiens Partner Ecosystem
The integrated offering leverages AI, deep learning, 3D modeling, applied mathematics and computer vision to provide insurance carriers with a comprehensive solution to accelerate claims management.