Automation

Insurance industry as a whole, however, lags other financial services somewhat in implementing robotic process automation, according to PwC.

Artificial intelligence, the IoT, cloud computing and cryptocurrencies are among the technologies that will dominate new IT investments, according to the researcher.

he software-as-a-service product creates tailored reports for end users across the insurance organization.

SVP Jerry Gupta notes the emerging technology has increasingly been used in distribution and claims straight-through processing.

For governments worried about how to save millions of jobs from the threat of automation, Nordea Bank AB has the answer: just do as the Nordicks do.

It’s critical that today's students understand how analytics is evolving and how artificial intelligence can help solve real world problems.

Carriers are working to change the culture around underwriting to be more data-driven, says EY study.

Only about 20% of organizations have incorporated AI into some processes today, and five percent have extensively incorporated the technology.

Organizations see AI as a way to reduce the time employees spend on routine and administrative tasks, enabling them to deliver more value, says Capgemini study.

Attracting workers with these skills is becoming an imperative for carriers, which are trying to fill a number other tech-related jobs.