Artificial Intelligence
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NewsWatch: Insurance firm’s go at classic heart warming Christmas advert
’I wanted to tell a story that I knew would resonate within the industry,’ says vice president of marketing
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News AnalysisThe Big Question December 2024: What trends do the UKGI market need to be cognisant of heading into 2025?
With the new year fast approaching, Insurance Times quizzes industry experts on what the insurance sector should watch out for in 2025
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NewsGenerative AI-backed predictive modelling underpins market ‘overperformers’ – Guidewire
’Generative AI [is] able to get all that unstructured data and make structured elements – [it] fuels the ability to create models,’ says senior vice-president
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News AnalysisBriefing: Technology innovation once again raises London’s transformation hopes
Data driven underwriting is set to become ‘fundamental part of Lloyd’s future’, says membership organisation
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NewsAI helping insurers cover losses more proactively – Guidewire
New technology is making ’insurance more transparent, accessible and easier to understand [for] consumers’, says director
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News AnalysisThe complexity of business interruption insurance – and why innovation is lagging behind
Technology has already improved ‘low-hanging fruit’ problem areas, but now it is time to aim a little higher with AI tools, to better support claims handlers and end customers with detailed BI claims
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NewsAI helping underwriters spend more time in-person with brokers
’AI can help firms gain a competitive edge by removing admin from the underwriter, so they can spend more time in meaningful discussion,’ says managing director
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News AnalysisBriefing: Data reform bill treads privacy fine line, but insurer opportunities ahead
New data access bill has the power to ’drive efficiency and economic benefits’, says head of analytics, claims and underwriting
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NewsGuidewire to update platform to help firms streamline claims management
’Guidewire’s AI powered applications will help insurers improve risk selection and pricing,’ says chief executive
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NewsVenture capital funding for insurtechs projected to hit $4.2bn by end of 2024
There is ’a positive rebound’ for VC-backed insurtechs, with ’series B funding picking up’, says chief executive
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Sponsored ContentHow brokers can get the most from generative AI – Open GI
Generative artificial intelligence (AI) has been an industry hot topic since ChatGPT was born in 2022, but how can brokers harness the technology to grow their businesses? Peter Hunter, head of research and development at Open GI, shares his top tips
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IT Awards 2024Insurance Times Awards 2024: Superscript’s proprietary AI platform provides agents with usable data in just two seconds
Chris Barclay, chief commercial officer at Superscript, talks about the company’s submission for the Excellence in Technology – Broker award
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NewsAI focused firms secured majority of insurtech funding in Q3 2024 – Gallagher Re
The quarter has seen a ’shift towards a more even distribution of capital, reflecting a maturing and stabilising industry,’ says global head of insurtech
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IT Awards 2024Insurance Times Awards 2024: SBS Claims driving ‘technological advancement’ to save claim handlers 800 hours a month
Ollie Davies, operations director at SBS, talks about the firm’s entry for the Excellence in Claims Technology – Claims Management Service Provider award
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News AnalysisMGAs take up tech tools in battle for relevancy
‘Without innovation, an MGA offers no differentiation’, says chief executive – but how are these firms tapping into technology to stay ahead of the competition?
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IT InterviewNik Ellis: Tech Champion prize celebrates ‘edgy’ firm that is not afraid of failure
Managing director says that to stay at the forefront of technology innovation and implementation, businesses must be ‘prepared to evolve’ and have ‘the nerve’ to try new things
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NewsEarnix inks deal to help insurance firms deliver more personalised products
’Earnix recognises the potential for growth and innovation in the UK insurance market,’ says head of business development
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NewsInsurance industry ‘right on the cusp’ of using AI for improved underwriting judgement
’A drive in productivity and improved judgement just allows us to insure more,’ says chief executive
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Sponsored ContentVideo: RDT’s Mark Bates talks automation advantages (Part Two)
Sponsored content: For Insurance Times’ latest Expert View, automation software expert RDT’s chief executive Mark Bates sat down with Insurance Times deputy editor Yiannis Kotoulas to discuss the state of claims management, how automation and AI can help and what challenges the sector may have to overcome.
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IT Awards 2024Insurance Times Awards 2024: MLP seeks to ‘boost weaponry available to insurers and brokers’ in the fight against fraud
Damian Baxter, chief executive at Machine Learning Programmes, talks about the firm’s entry for the Excellence in Fraud Mitigation – Service Provider award
