HP Exstream is designed to integrate with a company’s IT infrastructure, and can fetch account data in a number of formats such as XML, and flat file and tagged data. According to HP, the product reduces document costs by streamlining the document creation workflow process, allowing for automation and personalization of on-demand policies, correspondence, quotes and proposals.
The specialty insurer favors applying AI to tightly-defined tasks rather than broad application of agentic AI technology.
Cyber incidents, economic pressures and AI emerged as top concerns, according to a survey from The Insurance Information Institute (Triple-I) and Munich Re.
Moving the fastest or spending the most does not guarantee real progress with AI.
The public power sector is reacting with concern about the ongoing efforts to reorganize the Federal Emergency Management Agency that's proposing shifting risk and disaster recovery costs onto local utilities.
Artificial intelligence is changing how consumers shop for policies, how insurers handle claims and more. But don't push humans out of key decisions.
Celebrities trademark their own likenesses, calling attention to the commercial risks of deepfakes, and how insurers could write coverage.
