Two multinational firms currently are implementing the Java version of POINT IN for Windows for improved productivity and increased speed to market, with enhanced configuration tools that enable carriers to create their own rules or use one of the hundreds that are pre-built into the system. With improved graphical interfaces, these tools streamline and accelerate the introduction of new products and lines of business, as well as entry into additional states, CSC says.
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As more policyholders shop around, insurers are applying AI in many ways to entice them to stay, executives from LexisNexis, Gallagher and Chubb say.
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Wealthy areas such as Beverly Hills, Malibu and Bel Air make up an increasingly large portion of the liability exposure — a dynamic that experts fear could bankrupt the program and undermine the private market.
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A successful insurtech venture requires a strong combination of innovation, insurance expertise, regulatory understanding and scalable technology, writes Abhishek Peter, manager of digital marketing at FECUND Software Services.
July 22FECUND Software Services. -
Insurance companies are unknowingly turning away customers when technology fails both the applicant and the human handling customer service, writes Michael Podgortsev, director of data and AI strategy, speaks from personal experience: A hum
July 22
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Dinah Sykes, running unopposed for insurance commissioner in the state's Democratic primary, discusses the need for guardrails as insurers expand their use of AI.
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