5 key generative AI use cases in insurance distribution

GenAI has taken the world by storm. You may’t attend an {industry} convention, take part in an {industry} assembly, or plan for the long run with out GenAI getting into the dialogue. As an {industry}, we’re in close to fixed dialogue about disruption, evolving market components – typically exterior of our management (e.g., client expectations, … Read more

Generative AI reveals 6 insurance industry innovation trends

We’re delighted as soon as once more to see the spirit of innovation on show within the Qorus-Accenture Innovation in Insurance coverage Awards. This yr, by the ability of Generative AI, we additionally uncovered six key developments shaping the way forward for the insurance coverage {industry}. Since their inception in 2016, the Awards program has … Read more

Insurance News: The generative AI opportunity and importance of responsible implementation

As with all new expertise, in addition to the alternatives it opens up, there are considerations about unintended penalties of generative AI and the necessity for accountable implementation. We have been delighted to be within the hotspot often claimed by Kenneth Saldanha on this episode of Insurance coverage Information Evaluation to debate this vital matter … Read more

Insurance News: 2024 in review

As we bid farewell to 2024 on this remaining Insurance coverage Information Evaluation of the yr, we’re completely satisfied to welcome Cory McAnelly, Assistant Vice President of Enterprise Innovation Technique at Principal, to affix as we delve into what made the headlines this yr. We begin with a recurring theme: generative AI. Cory brings his … Read more

5 Predictions for the insurance industry in 2024

As we stay up for 2024, whereas we see many challenges for the insurance coverage trade, we meet these with optimism. Insurance coverage is a resilient trade with a deep sense of goal—providing individuals, households and companies safety and a safer future. What’s the macro-economic outlook? World macroeconomic forecasts for 2024 point out each slowing … Read more