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Build vs. Buy: The Conundrum Facing the Commercial Insurance Industry as It Embraces AI
Artificial intelligence (AI) seemingly has been discussed everywhere over the last few years, and now it's made its way into the commercial insurance industry. Organizations are using AI and machine ...
Misclassification Impedes Insurers’ Ability to Underwrite Risks
Over the years, one of the key challenges for insurers in underwriting small and midsize businesses involves misclassification of the risk. Not surprisingly, more often than not, inaccurate ...
How to Improve Employee Experience by Understanding the Psychological Drivers of Loyalty
Whether your company operates under a traditional 9-to-5 workday or your employees have adopted a 24/7 workflow, it is crucial to ensure that insurance executives have an understanding of engagement ...
AI Can Transform How Carriers Handle Car Crashes
Crashing your car is a traumatic experience enough in itself, so it is unfortunate for drivers that dealing with their insurance company after the accident can be a lengthy process that often adds ...
By Taming Big Data With AI, Cytora Aims to Transform Commercial Underwriting
It is an InsurTech startup operating an artificial intelligence-powered platform that aims to transform commercial insurance underwriting. While the goal may seem ambitious, Cytora is making ...
Keep It Simple, Grow Trust for Future Success: UK Executives
The insurance industry is facing a complicated cocktail of massive political and economic uncertainty, climate risks, huge shifts in technology and increasing regulatory burdens. These are just some ...
Debunking Three Persistent Employee Productivity Myths
Today's workplace is more focused on productivity and engagement than ever before. There are countless resources and strategies for getting employees to care more about their work and get more done. ...
3 Ways to Speed Up Claims and Boost Customer Satisfaction
Insurers face three key challenges: They operate in an already crowded marketplace, they have to meet the ever-increasing expectations of consumers, and they face incursions by disruptive tech ...