Tag: risk assessment
Openly enhances risk assessment with Ecopia AI’s building-based geocoding
Openly, a forward-thinking homeowners insurance provider, and Ecopia AI, a leader in digital mapping through artificial intelligence, have recently announced their collaboration.
Transforming compliance reporting: how automation empowers CCOs and boards
Compliance automation is a game-changer in how chief compliance officers (CCOs) present crucial regulatory compliance information to board members. This technological advancement not only makes compliance processes more efficient but also equips board members with vital knowledge for informed decision-making.
Moody’s innovates with GenAI: Introducing Moody’s Research assistant
Moody's Corporation, a global integrated risk assessment firm, has launched Research Assistant, a new generative AI-powered tool that supports analytic insights.
Enhancing wealth management: The critical role of data purity in portfolio...
In today's financial world, wealth management requires a strategic, technology-driven approach. A Portfolio Management System is essential, according to WealthArc, an asset management software developer.
AI-powered business data integration by Cytora and Veridion transforms insurance industry
Cytora, a leading digital risk processing platform, has announced a strategic partnership with Veridion, a specialist in AI-powered business data and market intelligence. This collaboration aims to bring a new level of efficiency and insight to the insurance market.
How to navigate CSRD and ESRS: Positioning your organisation for compliance...
Navigating the complex terrain of the Corporate Sustainability Reporting Directive (CSRD) requires a meticulous approach. The directive stipulates the necessity for assurance of an...
The future of underwriting: IntellectAI’s triumph with generative AI models
Research indicates that the Generative AI market is at a pivotal moment. According to Grandview Research’s Market Analysis report, the global generative AI market size stood at USD 10.14bn in 2022 and is poised to witness a compound annual growth rate (CAGR) of 35.6% from 2023 to 2030.
Why 89% of UK insurers demand a revolution in pricing technology
In the evolving landscape of insurance, there is a stark need for adaptation. The rampant shift towards digitalisation has impacted the very core of how insurers operate, but the data-driven wave hasn't been smooth sailing. Underwriters and actuaries, key players in the industry, voice discontent with contemporary processes.
Navigating the Future: Aviation’s Transformation through Insurance
The aviation sector, with its rich tapestry of innovations and challenges, has always mirrored the intricacies of our rapidly evolving world. From major incidents like 9/11 and the subsequent geopolitical challenges, to facing global health crises such as the COVID-19 pandemic and the growing demands of climate action, aviation has consistently proven its resilience.
Bridging the gap: The evolution of risk assessment in financial sectors
In a recent report by Acuminor, the company outlined how competent authorities enhance their risk assessment activities.