Tag: insurance ai

Earnix pushes insurance AI from advice into action

Earnix, a Boston-headquartered InsurTech, has launched Agent Hub, bringing more than 25 insurance-specific AI agents and apps into its AI Orchestration System (AIOS). The new...

Can actuaries trust AI models?

InsurTech firm Akur8 is taking a controlled approach to AI adoption in insurance: if using AI for actuarial work is possible and even necessary...

Why insurers can’t turn AI insights into action

Insurance companies are investing heavily in artificial intelligence to improve risk assessment, pricing, underwriting, claims and customer engagement. Yet having increasingly sophisticated models does...

Why generic AI may not be enough for MGAs

The UK MGA sector has built its reputation on agility, with businesses often identifying opportunities early, entering specialist markets, responding to emerging risks and...

How AI slashed a wholesaler’s quote processing by 67%

A top-three insurance wholesaler has dramatically overhauled its back-office operations after deploying AI automation tools from IntellectAI, cutting quote processing effort by 67% and...

Insurance AI boosted as Applied Systems buys Cytora

Applied Systems has announced the acquisition of Cytora, a specialist in digital risk processing, as part of its push to expand AI-driven insurance solutions.

Simplifai launches Agentic AI to transform insurance automation

Simplifai, a leader in AI-driven automation, has launched Agentic AI designed to optimise critical processes such as claims handling, underwriting, and customer service. The Norwegian...

How applied AI is transforming auto insurance

There were 12 million car accidents in the US in 2019, according to data from Statista. Each of these comes with an insurance claim, but these processes are too long and inefficient.

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