Automation

The New Zealand based life and supplemental health insurer needed to replace an in-house system that couldn't scale. Partners Life implemented the platform in two phases that took more than two years.

The chief financial officer must play a crucial role in determining the strategy and tactics to automate and standardize key processes throughout the organization.

As climate change continues to worsen extreme weather, damaging homes and wreaking havoc on crops, the need for more responsive insurance policies is growing.

Automating the intake of unstructured data results in big improvements in efficiency.

End-to-end automation remains a long-term goal as banks and insurers focus on point solutions, at least for now.

LLMs have certain obvious drawbacks and difficulties but there is room for the technology to be used in the insurance sector.

Generative AI could further enhance automation of previously manual or even legacy technology processes.

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