Tag: GenAI

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.

In recent years, the integration of generative artificial intelligence (GenAI) tools within the financial sector has seen remarkable growth. A study conducted by ORX, a leading operational risk association, reveals that 75% of the world’s major banks and insurers are now utilizing external GenAI applications in their operations.

Generative AI, or GenAI, has rapidly shifted from a mere discussion point to a pivotal tool in business innovation, offering unprecedented efficiency and smart solutions. Ilya Mokin, head of R&D at Symfa, shares insights into integrating a ChatGPT bot within their in-house ERP system, highlighting the potential and challenges of custom on-demand reports and analytics.

Clearcover, the next-generation car insurance company, has announced the launch of its revolutionary generative AI solution.

Generative AI (GenAI) is fundamentally reshaping the insurance landscape, sparking innovation and driving customer-centric solutions. As the industry adapts to rapid technological advancements, the solution has emerged as a catalyst for change, revolutionising various aspects of insurance operations.

In today's rapidly evolving digital landscape, leveraging cutting-edge technologies like Generative AI (Gen AI) holds immense potential for businesses. However, ensuring success with Gen AI implementation within Enterprise Resource Planning (ERP) systems comes with its own set of challenges and considerations.

Overjet, a leading provider of dental artificial intelligence (AI) solutions, has secured a monumental $53.2m Series C funding round, to see the company's valuation soar to $550m.

Ai for Alpha, a leading FinTech firm specialising in leveraging machine learning for advanced investment strategies, has announced the integration of Gen AI into its asset management models.