Insurance Nexus's Blog (52)

How To Drive the AI Value Proposition in Insurance with Cutting-Edge Analytics and Innovation

The insurance industry is facing the challenges of disruption caused by the technological advancements in artificial intelligence (AI) and machine learning (ML). Insurance carriers are now able to know more about their customers than ever before. They can use data mining with AI and ML to develop compelling product offerings. Customers may…

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Added by Insurance Nexus on January 20, 2020 at 1:15pm — No Comments

Insurance Nexus Unveils Agenda and Announces Brand-New Speaker Line-Up for Fourth Annual Connected Claims USA Summit 2020

As customer expectations have risen thanks to new platforms and products, so too has the level of technological sophistication as artificial intelligence, chatbots, drones, telematics and apps have become common in multiple industries. The insurance industry is now at a critical juncture as carriers seek to transform their claims processes, using new technologies to meet rising customer expectations and reduce costs. According to a recent survey, over 70% of insurance carriers are looking to…

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Added by Insurance Nexus on January 17, 2020 at 5:19pm — No Comments

Reuters Events’ Insurance AI and Innovative Tech Summit Returns to Chicago in 2020 – USAA, Nationwide, The Hartford AXA, Swiss Re, American Family and More Confirmed

As insurance carriers look to technology to meet customer demands at scale, how carriers react to competition and rising customer expectations today will define their success tomorrow. From providing bespoke products, instant customer service and real-time risk monitoring, the likes of AI, machine learning and other innovative technologies are proving the only means through which insurance carriers can meet the high demands of consumers today.

Likewise, managing the backend…

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Added by Insurance Nexus on January 6, 2020 at 2:46pm — No Comments

Results-Driven Claims Innovation: Unlock the Real Value of Claims Tech with AIG, Ameriprise and Metromile

In an age where customers are demanding their Insurance Carrier be more like Amazon or PayPal with a smooth, touchless customer experience, Insurance Carriers face multiple obstacles to satisfying this demand. Chief among them is the overwhelming multitude of technologies available to reach that touchless claims goal.

 

77% of insurance carriers…

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Added by Insurance Nexus on December 6, 2019 at 12:47pm — No Comments

Creating Fast, Agile and Service-Driven Insurance, Hippo and AXA Insurance to Join Live Webinar

LONDON, 22 NOVEMBER 2019: Insurance leaders to join Insurance Nexus to discuss strategies to successfully implement insurance technology, Wednesday, December 11, 10am EDT.

It is generally now accepted that for insurance, innovation is a ‘must-have’, rather than a luxury. To attract and retain consumers…

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Added by Insurance Nexus on December 3, 2019 at 1:30pm — No Comments

USAA, AmFam, Liberty Mutual join Connected Insurance USA 2019

Connected Insurance USA Summit (Nov 20-21, Chicago) is bringing together over 700+ senior insurance leaders to redefine the future of insurance.

 

With over 350 executives already registered to attend, this will be the largest executive gathering for forward-thinking carriers. CEOs, COOs, CMOs, SVP and VPs from Product, Customer, Claims, Technology and Innovation know that this is the time to act and leverage innovative technology to boost…

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Added by Insurance Nexus on October 25, 2019 at 1:00pm — No Comments

Connected Insurance USA Set to Welcome 700+ on Return to Chicago in 2019

Building on its previous success, Insurance Nexus are delighted to announce the return of the Connected Insurance USA Summit, which will take place November 20-21 at the Radisson Blu Aqua Hotel, Chicago Illinois.

As new technologies from artificial intelligence to IoT technology continue to enable both operational efficiency and…

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Added by Insurance Nexus on September 30, 2019 at 4:30pm — No Comments

Insurance Nexus 2020 Event Portfolio Details Released

LONDON: C-level summits focusing on convergence of insurance and technology to return to London, Chicago, Toronto and Amsterdam in 2020, Insurance Nexus have just announced.

Statistical and anecdotal evidence suggest the global insurance industry is in an unparalleled state of flux; new technology has entered the market at the same time as a focus on customer-centricity has pervaded virtually every industry. Accordingly, 96% of 500 respondents to a recent…

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Added by Insurance Nexus on September 27, 2019 at 5:00pm — No Comments

Digital Insurance: Technologies and Strategies Driving Insurance into the Connected Age

The ability to accurately discern the past and predict the future based on nothing but data points and the experience of actuaries and adjusters has served the industry well up to now. Insurance is, after all, a multi-billion-dollar, truly global industry. While this remains the case, the landscape is now radically different to the past, thanks in part to the advent of the Internet of Things (IoT). The use of these technologies that collect, record and transmit live data has…

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Added by Insurance Nexus on September 18, 2019 at 1:42pm — No Comments

Delivering Future Readiness for Insurance Carriers: Travelers and Church Mutual Join Exclusive Webinar

To address this question, and more, Insurance Nexus will be joined on Wednesday, September 8th for an exclusive webinar, Key Strategies to Deliver for Future Readiness, taking place at 11am ET. Moderator Paul Winston (Chief Operating Officer, Insurance Thought Leadership) will be joined by Scott Steele…

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Added by Insurance Nexus on September 16, 2019 at 2:32pm — No Comments

CHUBB, CNA, Farmers Insurance and more vie for North American Business Transformation Honors at the Insurance Nexus Awards

There are 12 categories of awards, recognizing teams and leaders from across customer, claims and innovation units, as well as from product, business, brokering and leadership positions. The ‘North American Business Transformation of the Year’ category recognizes an organization who has significantly transformed how their business…

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Added by Insurance Nexus on August 15, 2019 at 2:30pm — No Comments

Quantifying Cyber: How Insurance Carriers are Meeting the Challenge of Covering an Ever-Changing Risk Landscape

With insurance companies facing an average of 113 targeted breaches a year, it can be argued that cybersecurity is one risk the insurance industry is not prepared for. Prominent breaches, such as the Premera Blue Cross and Anthem attacks, saw a combined 90 million customer records fall into the hands of nefarious actors and the subsequent damage to…

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Added by Insurance Nexus on August 13, 2019 at 6:26pm — No Comments

Create insurance products your customers love: Mass Mutual, QBE, Clearcover and Neos share strategies and insights for engagement success

The recent move from product-centric policy to customer-centric service is a real shift for the insurance industry with more and more carriers looking to become a partner for their customer rather than just a claims centre. With such a change in mindset there is now a sharpened focus on innovative technologies, improved services and meeting…

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Added by Insurance Nexus on August 12, 2019 at 2:33pm — No Comments

Connected Insurance Report: Industry Weighs in on Future of Technology in Insurance

To some, it is magic. To insurance, it is reality. The ability to accurately discern the past and predict the future based on nothing but data points and the long-lived experience of actuaries and adjusters has served the industry well up to now, allowing insurance to become the multi-billion-dollar industry it is today. The…

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Added by Insurance Nexus on August 6, 2019 at 1:14pm — No Comments

Join Live Webinar: Collaborating to build Bespoke Cyber Insurance Products: Allianz, USI & Lockton

CHICAGO: Insurance Nexus webinar to explore how insurance carriers can collaborate with brokers and clients to build customer-centric cyber insurance policies, July 30th, 11am ET

Cyber-crime is not new, but as the methods of nefarious actors have become more sophisticated, the defensive…

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Added by Insurance Nexus on July 26, 2019 at 3:49pm — No Comments

The Co-Operators and Sun Life on The Transformational Impact of AI on Canadian Insurance

From day-to-day operations, to the very relationship between insurers and policyholders, it is no exaggeration to say that Artificial Intelligence (AI) represents the biggest potential for transformation that insurance has witnessed since the invention of the computer, even changing the very nature of the insurer-customer relationship. Insurance Nexus held a series of interviews with Canadian Insurance executives and thought leaders, to understand how they are preparing for the AI-dominated…

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Added by Insurance Nexus on July 23, 2019 at 1:19pm — No Comments

Canada Life and OneBeacon Technology Insurance on Ensuring Survival with True Customer-Centricity

Insurance Nexus is delighted to announce we are bringing together key figures from OneBeacon, Canada Life and AITE Group to give you the strategies to understand your customers agenda and move towards a truly connected model. http://bit.ly/2LiQeJF

Insurance customer…

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Added by Insurance Nexus on July 9, 2019 at 5:47pm — No Comments

Bespoke and Sustainable; Berkshire Hathaway and Philadelphia Insurance on The Future of Cyber Insurance Coverage

The recent and rapid growth in cyber-crime is proving something of a double-edged sword for insurance carriers; opportunities for coverage are expanding rapidly, with PWC predicting the cyber market to grow to $7.5 billion by the end of…

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Added by Insurance Nexus on July 2, 2019 at 12:01pm — No Comments

AXA and Fremtind discuss how AI and analytics is changing insurance claims forever

To win the customer’s heart, insurers cannot afford to lag behind on customer-focused innovation. Throughout the claims journey they must deliver interactive, personalised experiences. Whilst there are many barriers to implementing AI and analytics effectively to drive results across customer service and claims, it is essential for winning and…

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Added by Insurance Nexus on June 18, 2019 at 2:50pm — No Comments

Claims Leaders from Amerisure, American Modern, Zurich and More Share Insights on Connected Claims Transformation

Ahead of this year’s Connected Claims Europe Summit (September 18th & 19th, Amsterdam), Insurance Nexus spoke to global thought leaders working in Claims (from…

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Added by Insurance Nexus on June 13, 2019 at 1:11pm — No Comments

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