The insurance industry, long steeped in tradition, has often been slow to adopt new technologies. However, the opportunities presented by AI are nothing short of revolutionary. According to Bain & Company, Generative AI (GenAI) applied to insurance distribution alone could unlock more than $50 billion in annual economic benefits. This figure signals a significant shift … Continued
The inaugural report features the top 150 organizations shaping the future of the insurance industry, selected globally by Statista out of more than 1,000 eligible companies firms. Expert.ai, the industry leader in providing AI-powered language solutions to enterprises, has been named in the “World’s Top InsurTech Companies 2024” report. The report, compiled by CNBC and … Continued
AI governance and ethics are critical topics that demand our attention. On the Insurance Unplugged podcast, host Lisa Wardlaw dives into these pressing issues with Jeff Saviano, In addition to a 33-year career at EY where he is Consulting Emerging Technology Strategy & Governance Leader, Jeff also has an appointment at the Edmond & Lily … Continued
In today’s rapidly evolving technological landscape, Artificial Intelligence (AI) and generative AI (GenAI) have emerged as pivotal tools driving transformation across various industries. Nowhere is this more evident than in the insurance sector, where the integration of AI promises to revolutionize processes, enhance customer experiences, and optimize operational efficiencies. However, amidst the excitement and buzz surrounding … Continued
Expert.ai, the industry leader in providing AI-powered language solutions to enterprises, announced today that its platform for Insurance was named a winner of a of a People’s Choice Stevie® Award for Favorite New Products in The 22nd Annual American Business Awards®. The intersection of AI and insurance offers a practical perspective on the most effective … Continued
Expert.ai announced today that its Platform for Insurance has won a Silver Stevie® Award in the Insurance Solution Category in the American Business Awards®, the USA’s premier business awards program. The accolade recognizes the company’s commitment to innovation and product excellence in transforming strategic and complex Insurance processes with advanced AI solutions. Michael Gallagher, founder … Continued
Key Takeaways from Our Webinar with Forrester In the insurance world, AI, and generative AI specifically, is rapidly becoming a C-suite topic. In order to navigate the complexities of these new capabilities while capturing their benefits, it’s important for teams to understand the playing field so that they can move safely and effectively. We recently … Continued
By now we know that AI is a proven ally for insurance processes. Language data is at the heart of these processes, and it requires technology that can deal with its complexity, at scale. This is where AI provides real value, and it’s also where a lot of interest has been centered since ChatGPT was … Continued
For today’s insurers, the successful implementation of generative AI technologies will require balanced experimentation, strategic partnerships and responsible adoption. In a recent episode of the Insurance Unplugged podcast, Robert Pick, Executive Vice President & Chief Information Officer at Tokio Marine North America Services and Group Deputy CITO for Tokio Marine Group globally, joined host Lisa … Continued
Harnessing advanced AI capabilities to mine and aggregate scientific content, synthesize knowledge, extract relevant information and reveal hidden correlations. The expert.ai Insight Engine for Life Sciences has been named 2024 Best of Show Finalist by Bio-IT World. Expert.ai, the industry leader in providing AI-powered language solutions to enterprises, today announced the launch of the expert.ai … Continued
