AI & Machine Learning

ITL FOCUS is a monthly initiative featuring topics related to innovation in risk management and insurance.

Thanks to four trends, AI can improve efficiency and cycle time and meet policyholder expectations for a streamlined, digital auto claims experience.

Not only does AI improve the speed of crafting policies, the technology can speed underwriting, as well as the claims process.

Insurers have more opportunities to revolutionize and grow than ever – but taking advantage of them will require forward thinking.

As insurance carriers get better at leveraging data and predictive analytics, the focus will shift from product-led to customer-centric models.

There is no doubt that it won't be long before nearly all identity management systems are powered by AI and machine learning technologies.

Big data and AI will uncover insights that allow smart carriers to acquire the most profitable clients and avoid the worst.

AI done right will deliver significant cost savings in claims operations, satisfy customers and make the difficult job of fraud detection and claims processing easier. Sponsored by Daisy Intelligence