Ira Sopic

Ira Sopic is currently focused on how insurance carriers are integrating AI and advanced analytics into their existing processes to increase efficiency and revolutionize the way they work. This includes the key partnerships that the industry is creating and a clear picture of how the future will be shaped.

Most Recent

An AI Road Map to the Future of Insurance

By

It is striking how many carriers cite difficulties in actually embedding AI, a technology they recognize as so integral to their future success.

All Articles

AI and Results-Driven Innovation

By

Insurance companies that commit to AI to the same extent as top-performing businesses could boost their revenue by an average 17%.

Understanding New Generations of Data

By

New, more contextual streams of data have become available, allowing for robust analytical insights, with huge implications.

How Startups Win Customers' Hearts

By

While 2018 saw many legacy carriers conduct pilots on improving the customer experience, it is imperative for the rest to act now.

Six Things

innovation

7 Common Mistakes on Innovation

By Paul Carroll

As generative AI throws many innovation efforts into high gear, here are seven ways that such initiatives have failed in the past.

A Resurgence in Credit Card Fraud

After years of decline, the number of compromised credit cards sold is on pace to exceed 34 million this year, a major reversal.

1

Mapping the Intensifying Flood Threat

As climate change transforms destructive floods into a primary peril, insurers and companies with valuable assets in harm's way need better tools. 

2

Unlocking Opportunity in the Surety Market

Increased surety usage is anticipated in real estate, renewable energy and healthcare in 2024, as it moves beyond construction.

3

Re-Imagining the Actuary in the Gen AI Era

AI will help automate repetitive tasks, improve accuracy, increase efficiency and enable actuaries to function as business strategists.

4

D&O Insurance Pricing May Be Inadequate

After aggressive increases helped firms recover from a decade of woeful rates, premiums are declining. The shift may be too much too soon. 

5

Cloud, On-Premise or Hybrid?

Selecting the right deployment model for insurance management software is crucial for optimizing operations, ensuring data security and maintaining resilience. 

6

ITL Recommends

Revolutionizing Customer Engagement: The Impact of Omnichannel Experiences in the Insurance Industry

By

ITL Partner: insured.io

omnichannel

Underwriters' Productivity Can Double

By

Insurance Thought Leadership

Michael Reilly Future of Risk

Ignore the Doom and Gloom: Insurtech is Thriving

Ignore the Doom and Gloom: Insurtech is Thriving

The Surprises Lurking in Your Underwriting Rules

earnix

Why CX Still Suffers in Insurance...and How to Improve It!

broadridge

Realignment in Insurance: Strategic Priorities for Success

By

ITL Partner: Majesco

man playing chess

Buyer's Guide & Evaluation Checklist for AI-Powered IDP Software

By

list

What to Know About Geospatial Technology

By

Bird's Eye View Of Farmland