Tag: GenAI

HSBC and BNY Mellon have been announced as early participants in the Quantexa Q Assist program, which features a suite of context-aware generative AI technologies.

Limit, an InsurTech firm, has introduced the first generative AI exclusively designed for the Property & Casualty (P&C) sector.

BlueFlame AI, a generative AI platform tailored for alternative investment managers, has successfully closed its Series A funding round, raising $5m. This round was notably...

Aim Security, a leader in GenAI security solutions, announced today that it has secured $18m in Series A funding.

In the ever-evolving landscape of the FinTech industry, companies strive to stay ahead by embracing innovative technologies that enhance operational efficiency and customer satisfaction. One such FinTech giant, renowned for its revolutionary payment solutions and merchant-focused technology, embarked on a transformative journey to address its growing operational challenges. AI-powered automation specialists Simplifai explains how it enhanced the efficiency of this industry titan.

Ever since its launch in November 2022, Generative AI has been the topic of discussion on everyone's lips when it comes to discussing transformational...

Imagine a world where insurance isn’t bogged down by endless paperwork, long processing times, and one-size-fits-all policies. Instead, envision a landscape where every interaction is tailored to fit your unique needs, claims are processed swiftly and accurately, and customer service is available around the clock. Welcome to the transformative era of generative AI in insurance. 

PwC, a global professional services firm, is accelerating its adoption of AI by signing an agreement with OpenAI to make PwC OpenAI’s first reseller for ChatGPT Enterprise and the largest user of the product.

Motor claims processing has become a crucial component of the insurance industry due to its high volume, significant impact on customer satisfaction, and financial implications. With the frequent occurrence of vehicle-related incidents, insurers must efficiently manage numerous claims to maintain operational effectiveness. The speed and accuracy of claims handling directly influence customer satisfaction and loyalty - and Generative AI may be the future, as Simplifai explains.

Clearcover, a leading InsurTech, is set to elevate its customer service experience through a new partnership with Ada.