Tag: predictive analytics

How AI Agents enhance efficiency and fairness in compliance processes

AI Agents, also known as Artificial Intelligence Agents, are software programs that harness technologies such as ML and NLP.

Sapiens launches UnderwritingPro v14 with AI-powered automation for life insurers

Sapiens International Corporation has introduced the latest version of its automated underwriting and new business case management platform, designed specifically for life and annuities insurers.

Akur8 and Deloitte Canada expand partnership to enhance pricing and reserving...

Akur8, a leading provider of machine learning-powered pricing and reserving solutions for insurers, has expanded its strategic partnership with Deloitte Canada, a global leader in consulting and actuarial services.

Only 20% of insurance execs are not considering AI for their...

359 senior insurance professionals were surveyed, managing over $13tn in assets on their balance sheets Only 20% of respondents haven’t considered AI, whereas...

How machine learning is revolutionising fair value measurement in financial markets

As financial markets evolve, the need for accurate and efficient valuation of assets remains crucial—particularly for illiquid financial instruments. While artificial intelligence (AI) has reshaped numerous industries, its application in fair value measurement is gaining prominence.

InsurTech firm 7Analytics secures investment from IAG Firemark Ventures

Norwegian InsurTech startup 7Analytics, which specialises in flood data analytics, has received an investment from IAG Firemark Ventures, the corporate venture capital arm of...

How AI is revolutionising underwriting

A recent report by Capgemini highlights that 62% of insurance executives acknowledge AI and machine learning as crucial for enhancing underwriting quality and reducing...

How artificial intelligence is transforming AML practices in FinTech

Financial crime has evolved significantly in our increasingly digital world. Money laundering, terrorist financing, and fraud are more sophisticated than ever, posing serious challenges for financial institutions mandated to stay compliant.

From AI to ESG: Emerging dynamics in financial crime compliance for...

The landscape of financial crime risk assessment is poised for a transformative shift as we approach 2025 and beyond, driven by advancements in technology and changes in regulatory environments.

Farm Bureau Insurance Company of Idaho and Akur8 team up to...

Farm Bureau Insurance Company of Idaho has partnered with Akur8 to enhance its pricing capabilities through advanced machine learning.

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