Insuranceciooutlook
machine-learning

4 Ways Chatbots Redefine Insurance Processes
Insuranceciooutlook >> news

AI and ML technologies have reformed information systems well by making them much more human-friendly while significantly improving human-computer interaction.     FREMONT, CA: With the increasing popularity of messaging...

8 Reasons Why Chatbot is a Must for Insurers
Insuranceciooutlook >> news

Insurers are introducing AI-based chatbots to their service ecosystem to mitigate unnecessary human intervention and enhance process accuracy and speed. FREMONT, CA: The insurance industry is geared to swiping modifications. Artificial...

AI is Reshaping Insurance: Is Your Organization Prepared for the Change?
Insuranceciooutlook >> cioviewpoint

Nestor Lopez, CIO, ProSight Specialty Insurance

Artificial intelligence (AI) and Machine Learning (ML) has tremendous potential for the insurance industry, from driving operational efficiencies to improving the customer experience. Thus far, however, some organizations have been slow to adopt...

Using Machine Learning to Drive Business Outcomes
Insuranceciooutlook >> cxoinsights

Upendra Belhe, Global Chief Analytics Officer, Gen Re

Machine Learning (ML) has now gained respect in the insurance and reinsurance industries. Practitioners, as well as business owners, understand that it complements and supplements statistical techniques that are used for prediction purposes....

The Future of Insurance Workforce is Transforming with AI-driven Technologies
Insuranceciooutlook >> news

AI is capable of taking information actionability and re-insurance risk management precision to the next level. And for everyone, that's a victory. FREMONT, CA: Against the background of increasing healthcare expenses, insurers are seeking...

A Glimpse of AI-driven Innovations Tailored for Modern Insurers
Insuranceciooutlook >> news

As AI is more deeply incorporated into the insurance sector, carriers are reacting to the evolving market landscape with insights into how AI will reshape the industry. FREMONT, CA: By quickly generating controlled, digitally enhanced...

Robotic Process Automation Easing Insurance Operational Processes
Insuranceciooutlook >> news

Robotic process automation leverages the insurance sector to reconstruct their existing business operational model to create customer-centric insurance services.   FREMONT, CA: Insurance companies demand repetitive and operational tasks...

Top 5 Trends Helping Insurers Embrace Digital-First Business Model
Insuranceciooutlook >> news

The global insurance market is experiencing a shift to ‘digital-first’ business model that can unlock new value, revenue streams, higher profitability, and reduced operational costs. FREMONT, CA: The insurance industry’s...

A Deep Dive into Technology Trends Reshaping the Insurance Landscape
Insuranceciooutlook >> news

With the essence of digital transformation, the insurance industry continues to innovate, enhancing its market value.   FERMONT, CA: With technology, the insurance industry continually innovates itself to optimize operations, costs, and...

Tech Trends Transforming the Traditional Insurance Approach
Insuranceciooutlook >> news

Technology makes it possible to avail insurance services and claims at our fingertips, and insurers are leveraging such smart methods and personalized policies for a better approach.  FREMONT, CA: Radically impacting the global market,...

Digitization: Unlocking the Smart Future Insurance
Insuranceciooutlook >> news

New technologies are intensifying the property and casualty sector with the potential to promote cost-effectiveness and enhance the customer experience.   Fremont, CA: The insurance business has geared up and affiliated itself with...

Insurance is the Succeeding Big Opportunity for Smart Home Adoption
Insuranceciooutlook >> news

Smart home technology is racing into the mainstream and dispensing insurers with tools to enhance service and lessen claims. FREMONT, CA: Consumers' attention on connected devices has been one of the critical drivers of innovation in the...

Insurance Industry: AI is the Future
Insuranceciooutlook >> news

FREMONT, CA: Artificial Intelligence (AI) highlights the creation of intelligent machines that work and react with tech-driven human-like cognition. AI technology has a well-reformed information system that makes them more adaptive to humans,...

Six Emerging Security and Risk Management Trends
Insuranceciooutlook >> news

With the impact of cybersecurity on business outcomes, Gartner has identified six key trends for business leaders to take leverage and improve enterprise resilience and elevate business standing. Protecting Corporate Reputation  With...

Chatbots Reborn - A Renaissance for the Humble Bot
Insuranceciooutlook >> cxoinsights

Christopher Frankland, Digital Enterprise Architect, Ameritas

Chatbots for a long time have existed to amuse, frustrate and at times entertain (albeit unintentionally). The term "ChatterBot" was originally coined by Michael Mauldin (creator of the first Verbot, Julia) in 1994 to describe...

Legacy Modernization in the Age of InsurTech
Insuranceciooutlook >> cioviewpoint

Brahm Sharma, CIO, Aon

There is a lot of excitement around InsurTech. According to CB Insights, the number of funding deals in InsurTech increased from 91 in 2014 to 173 in 2016. Investment in Q3 of 2017 was 35 percent higher than in Q3 of 2016. This high level of...

Compete or Partner: Banks See Rise of FinTech Solutions
Insuranceciooutlook >> cxoinsights

Christopher Kennedy, VP, Quantitative Finance Manager, BankUnited [NYSE:BKU]

FinTech—or simply financial technology—is moving at the speed of innovation. FinTech originally represented the shift of traditional brick-and-mortar banking to online and mobile platforms. Now, FinTech embodies a deluge of Silicon...

Four Ways How Technology is Transforming Insurance
Insuranceciooutlook >> cxoinsights

Chris Holcombe, VP, Group Claims Technology & Operations, Chubb

One of the key drivers of technological disruption in the current era is the ability to fulfill client expectations by creating a user experience designed to be frictionless, instantaneous, and mobile. And while some might view insurance...

Harnessing Technology for Improving the Assessment on Assets
Insuranceciooutlook >> cioviewpoint

Mark Lennon, CIO, North America, JLT Specialty USA

1. How can the evolving Insurance Industry help overcome the challenges? A large issue faced by all data driven industries is that of poor quality and slow data. This often leads to poor business decisions being made due to the low-value...

Big Data Has Big Changes in Store for Insurance Industry
Insuranceciooutlook >> cioviewpoint

Brad Bodell, SVP & CIO, CNO Financial Group, Inc.

Big data and predictive analytics have not yet altered the course of the insurance industry, but they will. Over the next decade, the use of advanced analytics will have a dramatic impact on the insurance space in three key areas. First, I...
Top 10 Claims Processing and Management Solution Companies – 2019
Top 10 Claims Processing and Management Consulting/Services Companies – 2019