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News, information and commentary about how today’s insurance executives, agents, brokers, actuaries, risk managers, underwriters and carriers can capitalize on AI, machine learning and robotic process automation to advance their business.
AI-based monitoring programs may prevent or mitigate the losses facing cyber insurers and policyholders in the coming years.
An Earnix survey reveals that most insurance leaders plan to use machine learning in pricing and underwriting.
Data from Insurity's 2024 AI in Insurance Report show consumers are against AI in underwriting and claims management.
This case serves as a stark reminder of a growing threat: fraudulent claims facilitated by artificial intelligence.
Federal leaders in the U.S. want AI safeguards akin to those being developed by the insurance industry.
Advances in generative AI have enhanced the accuracy of synthetic data, which makes it a valuable tool.
Most auto and homeowners insurers are using AI tools in their marketing efforts to reach new policyholders.
Experts with FICO say that with the assistance of AI, insurers can rapidly accelerate modernization efforts.
Underwriters train AI agents to think like them, teaching the software to perform menial tasks, then larger projects.
Insurity released the results of its 2024 AI in Insurance Report, revealing 63% of respondents had a positive AI experience with their insurer.