The Diamond System is a fully automated and integrated policy administration system for both personal and commercial lines insurance carriers. Insuresoft says the system can be implemented as a component-based or enterprise solution for policy, billing and claims processing. Built on the Microsoft .NET platform, it has a services-oriented architecture that enables Web-based access for agents, consumers and other insurance carrier partners, says Insuresoft.
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Technology will enhance agents' abilities to serve clients, according to insurance risk expert Robert Hartwig of the University of South Carolina.
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The build-versus-buy conversation is shifting hard toward build, and insurtechs must adapt to this change, according to Eoghan Scully, applied AI architect at Anthropic.
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Clear policies, training, supervision and reporting routes are essential as smart glasses become more common.
6h ago
Beazley -
To meet the climate challenge, capital investment must shift to early resilience investment and preparation from disaster recovery, a new report argues.
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State insurance commissioners developing AI systems evaluation tool expect disclosures about claims operations, oversight and more, according to representatives of an industry group who attended a NAIC conference.
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Technology, underwriting and claims remain the top needed roles for the insurance industry, according to the Jacobson Group and Aon's Semi-Annual U.S. Insurance Labor Market Study.
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