The Assurex Global XpertConnect system now extends to more than 108 international Assurex Global offices located throughout North America, EMEA, Latin America and Asia Pacific. This expansion makes it even easier, says ProspX, for the EMEA Region Assurex Global Partners to search, find and leverage the best information and expertise for every new and renewal business opportunity.
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Human oversight would still be needed, especially for underwriting, industry experts say. Yet linking voice recognition with AI engines will put insurance agents jobs at risk, they add.
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One particular focus of attorneys general in the insurance space will likely be companies' use of AI in underwriting.
August 28
Hogan Lovells Cadwalader -
More than one-third, 37%, of customers who use AI to research insurance options changed their policy as a result.
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Andrew Engler, CEO and co-founder of the insurtech, shared that if a property owner is willing to invest in reducing the possibility of a catastrophic loss, it should translate into insurance value.
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To find the most success with AI, insurance companies should view it more as a way to fundamentally rework processes, according to the experts who write for InsureThink.
August 27 -
Introducing insurance options during the auto purchasing process correlates to a 20% boost in finance and insurance gross, according to Polly's Q2 embedded insurance report.
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