Insurtech

Artificial Intelligence Review of Insurance policies – Are we there yet?

The use of Artificial Intelligence for insurance policy checking has grown by leaps and bounds as AI tools can rapidly compare a high volume of policy clauses and make human reviewers faster and effective. And why would they not? The technology that helps in automating the review of insurance policies has progressed dramatically over the …

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Reimagining the Agency

The insurance industry is experiencing change on multiple fronts at a rate that has not been witnessed for at least a generation.The rising cost of claims and the complexity of managing claims is one of the pressing challenges insurance companies are facing.Regulations and compliance is increasing, reduced cost of entry for new market players is …

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Insurance in the age of AI

As we move into 2020, a new reality is emerging in many traditional industries. History and vestiges of working is becoming more of a competitive impediment, not a strategic advantage any more.  New competitors, uncertain macroeconomic conditions, newer distribution channels and customers demanding 24/7 hassle free experience are posing many challenges to traditional incumbents who …

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