A McKinsey report maps out where artificial intelligence is already transforming the insurance industry.
Designed for small and medium-sized companies, HSB AI Liability Insurance can pay for AI-related losses that some General Liability policies exclude, including bodily injury, property damage, and ...
BofA accused the insurance industry of clogging its ranks with tons of unnecessary salespeople, with a "snowball effect" about to start happening.
Pravina Ladva, group chief digital & technology officer at Swiss Re, highlighted claims and underwriting as standout examples. “In commercial insurance, we handle over 40,000 claims a year. AI helps ...
The Institutes' new designation provides a framework and best practices for effectively and responsibly using AI in risk management and insurance, providing skills on how to improve AI literacy and ...
A single sentence in a claims letter can cost an insurance carrier millions. In property and casualty insurance, docum ...
As AI technologies like ChatGPT and other generative AI tools have gained prominence, our clients have started raising questions about their insurance coverage. Among the most frequently asked are: ...
In the rapidly advancing world of artificial intelligence (AI), businesses are encountering new frontiers of innovation whilst also facing novel risks, prompting the need for robust insurance ...
One in three consumers would consider digitally altering an insurance claim image or document to strengthen their case – and that number rises to ...
New research reveals that millions of workers face both high AI exposure and low ability to adapt - and the insurance industry sits squarely in the crosshairs ...
A new bill may limit the role of AI in health insurance coverage decisions. The bill mandates healthcare providers to notify ...