Insurance Nexus's Blog – January 2020 Archive (5)

Failure is Not an Option: Realize the Potential of Data Science From Swiss Re, AmFam, and Blue Cross and Blue Shield

 

With 90% of carriers actively investing in new data projects, project failure is not an option.

 

Artificial intelligence (AI) and machine learning (ML) have become mainstays in the insurance industry, equipping insurance companies with tools that can help them to become more…

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Added by Insurance Nexus on January 28, 2020 at 2:39pm — No Comments

Unlock Financial Materiality – Take ESG Mainstream

Integrating ESG factors into investment decision making is no longer optional, it’s a must. Larry Fink’s recent letter to CEOs re-iterated that long-term decision-making is at the forefront of client demands. The talk has shifted to real investment action.

The Global Sustainable Investment alliance has valued sustainable…

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Added by Insurance Nexus on January 22, 2020 at 1:51pm — No Comments

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

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