IIR

What Future Role Can AI Play in Workers’ Compensation?

With its multifaceted capabilities, AI is significantly reshaping the workers’ compensation industry today, addressing its inherent challenges, and enhancing its operational, clinical and customer service elements.

Posted: Jun 16, 2024

Crawford Technologies, Docuvela Partner on Storage and Management of Customer Communications

Crawford benefits from Docuvela’s modern approach to storing data and content that simplifies; Docuvela benefits from integrating to Crawford Technologies’ suite of CCM solutions.

Posted: Jun 13, 2024

Guardian and Wellthy Launch Partnership to Support Working Caregivers

Available to members in need of care themselves or when supporting others, Guardian becomes the first insurance carrier to include caregiving support services in employer-provided disability insurance.

Posted: Jun 13, 2024

Munich Re Life US and Clareto Launch Automated EHR Summarizer

The solution, launched at a time when EHRs are poised to replace the attending physician statement as the leading source of medical data for underwriting, provides an intelligent synopsis of electronic health record data.

Posted: Jun 12, 2024

IDF and France’s ADF Group Launch Integrated Disaster Management Alliance

The Integrated Disaster Risk Management Alliance (IDRIMA) aims to strengthen the long-term resilience of sovereign, sub-sovereigns and public utilities in the Global South to the impacts of climate disasters.

Posted: Jun 12, 2024

Cork Partners with DataStream on Cyber Protection for MSPs

Under the new agreement, DataStream will leverage the Cork Platform for cyber insurance policy underwriting, including estimates and quoting.

Posted: Jun 12, 2024

NICB and Agero Partner to Combat Insurance Fraud

Two leaders in their respective industries are joining forces to protect insurers and communities from questionable third-party roadside and vehicle service providers to deter insurance fraud.

Posted: Jun 12, 2024

MEMIC Selects Guidewire to Modernize Policy Admin, Underwriting, and Billing

The workers’ compensation insurer will leverage Guidewire Cloud to increase business agility and deliver more value to customers.

Posted: Jun 11, 2024

Pyte Announces $5M in Funding for Private and Secure Data Utilization and Collaboration

The latest funding aims to accelerate the commercialization of Pyte’s secure computation platform for data utilization and collaboration.

Posted: Jun 11, 2024

Aon Announces $350M Insurance Program for Economic Recovery in Ukraine

The program includes a comprehensive $50M reinsurance facility and an additional $300M in war risk insurance for Ukraine’s health care and agriculture industries.

Posted: Jun 11, 2024

AI’s Role in Transforming the P&C Insurance Landscape

Advances in artificial intelligence, notably generative AI technologies including Large Language Models (LLMs) such as OpenAI’s ChatGPT, promise a further tectonic shift in the insurance landscape.

Posted: Jun 10, 2024

FMG Migrates to Guidewire Cloud

A Guidewire customer since 2012, the New Zealand-based insurer seeks to simplify IT operations to adapt quickly to changing market demands and customer expectations.

Posted: Jun 10, 2024

Hiscox Names Mary Boyd U.S. CEO

Boyd joins Hiscox from Plymouth Rock Assurance, where she has been CEO of its independent agency business since 2018.

Posted: Jun 10, 2024

Equitable Enhances Corporate Endowment Solutions Platform

Financial professionals can now manage variable universal life insurance policies through the full-service management platform.

Posted: Jun 09, 2024

Quility Launches New Whole Life Insurance Offerings

The new products further expand products available on Quility’s Navigator Platform and bring coverage options to those that may have previously been declined or deemed uninsurable.

Posted: Jun 09, 2024

Indico Data Closes $19M Funding Round

As part of the round, led by .406 Ventures, the firm has secured a strategic investment from Guidewire and has announced the impending release of a Ready for Guidewire accelerator.

Posted: Jun 09, 2024

Chubb Names David Kirk President of Chubb Global Markets

Kirk brings nearly two decades of experience in Chubb’s London Market wholesale and specialty business.

Posted: Jun 09, 2024

Pega Enhances Pega GenAI Blueprint to Accelerate Transformational App Design

Rapid adoption, a growing ecosystem, and new capabilities give enterprises new ways to think about their workflows.

Posted: Jun 09, 2024

Pega Seeks to Transform Corporate Learning with Pega GenAI Socrates

The dynamic AI tutor uses the Socratic method to enable clients and partners to learn Pega at their own pace while better mastering and retaining skills.

Posted: Jun 09, 2024

LGA CTO on the Firm’s Innovative Horizon Digital Platform

Raju Seetharaman, SVP and CTO, LGA, talks about how Horizon built on the success from Legal & General’s digital innovation in the U.K. and preceded Covid-driven digital innovation by American life insurance carriers.

Posted: Jun 09, 2024

Lee Yuan Siong Named Chairman of The Geneva Association

Lee, who is Group Chief Eecutive and President of AIA, succeeds outgoing Chairman Christian Mumenthaler, CEO of Swiss Re.

Posted: Jun 06, 2024

Cloud Considerations in Insurance: Critical Factors for Adoption & Success

Cloud is the ultimate expression of technology’s promise to drive efficiency and accelerate the speed of doing business, all while reducing costs. Each new technical paradigm, iteration, and transformation must deliver on this promise, otherwise it’s...

Posted: Jun 03, 2024

Fanhua and Baidu AI Cloud Partner on AI-Powered Insurance Sales Assistant

The aim is to create a digital personal assistant for every insurance sales agent, leveraging AI technologies such as large models.

Posted: Jun 02, 2024

Inari Launches Underwriting Workbench at Insurtech Insights

The workbench is designed to help underwriters manage the lifecycle of insurance submissions, pre-and-post bind.

Posted: Jun 02, 2024

Cognizant’s Sarat Varanasi on GenAI and Tech Evolution in Life Insurance

GenAI is still in its preliminary stages at most life insurance companies, but Cognizant is investing significantly in finding practical applications in a variety of technology and business process contexts.

Posted: May 30, 2024