Tag: predictive analytics

How technology in claims processing is changing consumer choices in insurance

In the realm of insurance, consumer preferences are shifting significantly, with a major focus on technological advancements over cost.

Revolutionising AML compliance with AI-driven KYB strategies

AI-enhanced KYB is now revolutionising the traditional, often manual due diligence methods seen in the industry RegTech firm RelyComply has recently discussed. 

Navigating the future of sustainability: The role of AI in environmental...

The integration of AI, is transforming sustainability across various sectors. By handling extensive data analysis, AI equips sustainability experts with actionable insights, freeing them to implement strategies that have real-world impacts.

Beyond spreadsheets: The impact of automation in financial analytics

As the financial sector continues its rapid transformation, the integration of sophisticated automation in financial analytics is increasingly paramount. A Forbes study indicates that up to 25% of routine, information-based tasks in financial services could be automated by AI.

71% of Investment management firms already use AI in their investment...

A recent report conducted by Mercer in December 2023 – January 2024 surveyed 150 asset management managers from various asset classes. The survey focused...

French InsurTech funding hit five-year low in 2023

Key French InsurTech investment stats in 2023: • French InsurTech companies raised a combined $94m in 2023, a 60% drop from 2022 • French InsurTech deal...

Prodigy adopts Gradient AI’s underwriting solution to enhance medical stop loss...

Prodigy Health Insurance Services is set to leverage Gradient AI's underwriting solution to bolster its medical stop loss insurance offerings.

Veruna bags $10m Series B to revolutionise InsurTech innovation

Veruna, the pioneering agency management system developed natively on Salesforce's eminent CRM platform, has unveiled a triumphant Series B fundraising round.

How tech is boosting sales and improving customer experience

Artificial Intelligence (AI) has become a pivotal force in the retail sector, offering an innovative solution to the daunting challenge faced by retailers. Scanbot...

The 5 technology trends taking health insurance by storm

Like many areas of insurance, the healthcare space is in a big period of change. Cloud Insurance has highlighted the five emerging technology trends in the space that could really disrupt the sector.

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