The 2nd annual Women in Insurance Leadership Forum, hosted by INN in partnership with
Read more about the program and winners in the upcoming September/October 2009 issue of Insurance Networking News.
If the first half of the year was defined by a race to bring AI-powered products to market, the second half will be defined by commercial discipline and pricing realities, write Michael Nadel and Andrew Larsen of Simon-Kucher.
AI is helping insurers navigate climate changes by taking nuances into consideration and making sense of updated weather data.
The path forward is to assess risk one property at a time, in close to real time, using AI.
The cuts, which they expect to take the forms of severance agreements, early retirements and similar options, will amount to between 1,500 to 1,800 positions across Europe, the unit's chief executive officer Tomas Kunzmann said at an event late Tuesday in Munich.
Oklahoma's attorney general sued Allstate Corp., alleging the insurer schemed to minimize payouts to homeowners for wind and hailstorm damage in order to boost its profits.
To get the best results from AI, insurance companies must first address the structural problems that create friction within their processes, writes Earl Shaw, CIO of Renaissance.
