What does the metaverse mean for insurers?

The metaverse is an idea making headlines throughout the globe, with its utility being imagined throughout all industries. Nevertheless, till lately, the sensible manifestation and future influence of the metaverse was unknown. The newly-released Insurance coverage Tech Imaginative and prescient for 2024 not solely defines the metaverse, however incorporates worthwhile, well timed insights for insurers … Read more

Bringing insurance industry innovation to AWS re:Invent

A yr in the past at re:Invent, Accenture and AWS introduced a joint funding to speed up cloud migration and {industry} differentiation for our purchasers. Growing demand in business underwriting made insurance coverage the apparent {industry} to blaze the path. At AWS re:Invent 2024, Anand Premsundar and I’ll speak about how innovation transforms experiences, processes, … Read more

How insurers can win the race to AI maturity

Synthetic intelligence has been round for the reason that Fifties, however during the last a number of years the enterprise potential of AI has expanded dramatically. We now stay in a world the place massive knowledge and highly effective computational capabilities permit AI to flourish. Firms—together with insurance coverage carriers—are investing in establishing knowledge lakes, … Read more

Insurance News: Generative AI experience, efficiency and risk

Each day we see headlines about generative AI. For the insurance coverage trade, this know-how presents acceleration in lots of areas by which AI-led transformation is already underway. However, like every rising know-how, it additionally introduces new areas of threat. On this Insurance coverage Information Evaluation, Abbey Compton and I are joined by Daria Lee … Read more

Intelligent ingestion: The start of commercial digital insurance

For over a decade, we’ve pretended to be paperless. We tout the truth that the file cupboards, the 7-part specialised file folders, and large mail rooms have all been eradicated and lowered, and declare that we’re paperless. However we all know it isn’t actual. At this time’s paper is PDFs, excels, and adobe. The submitting … Read more