The insurer calls the implementation a critical first step in a comprehensive modernization program, focused on the design, implementation and management of product.
In some respects AI remains more buzzword than reality, especially within insurance IT organizations, but it has begun to have a real impact on the P&C insurance value chain.
The rapidly growing distributor will use the funding to scale its AI-powered cyber insurance offering.
The agreement enables Arturo to expand its collection of aerial imagery through the addition of Urban Sky’s high-frequency, high-precision stratospheric photos.
While the pandemic has forced the industry to embrace agility amid resource constraints and pressure to maximize revenues, it must not distract from the customer-focused forces driving cloud adoption in the first place.
The integration of emerging and alternative data into Unqork’s enterprise no-code platform aims to brings insurers unprecedented speed-to-market and insight.
HazardHub’s proprietary datasets, risk scores, and catastrophe models are now available to Sunlight customers.
The open standards license allows AIR clients and partners to use the CEDE format as an internal repository, allowing for better collaboration and innovation.
Through the collaboration, CRIF’s Sherlock solution will be made available to MIB CUE members via Shift’s Fraud Detection and Prevention solution.
As technological innovation continues to pick up pace in the insurance industry, focus on upgrading underwriting toolkits is growing.