Accenture News
Underwriter, Actuary Fears of AI Drop; Work Needed on Collaboration
You're just about as likely to find a commercial P/C underwriter or actuary who is unconcerned about the increased use of AI in insurance as you are to find one that's afraid of being replaced by AI. ...
Viewpoint: Strategies for Brokers as M&A Slows and Insurance Rates Soften
The insurance brokerage industry is adapting to a changing landscape as macroeconomic conditions temper the tailwinds that have driven growth in recent years. High interest rates, historical ...
The Road to 2032: Big Changes Ahead for Commercial Underwriters
Leaders of property/casualty insurance companies writing commercial insurance are expecting the world of property/casualty underwriting to look radically different by the ...
Where Carriers Are Spending: The Investments Driving Underwriting Change
Although nearly two-thirds of underwriting professionals surveyed in 2021 said that AI and automation tools aren't easing their workloads—and 28 percent said their ...
Dissatisfied Claimants Put Carriers at Risk of Losing $170B in Premiums: Accenture
A research report published last week found that one-third of claimants were not fully satisfied with their most recent insurance claims experience, adding that speed of settlement is a clear pain ...
Winners of Innovation in Insurance Awards Excel in Customer Focus, AI, Sustainability
The winners of the seventh annual Innovation in Insurance Awards excelled in customer focus, creative applications of artificial intelligence (AI) and automation as well as sustainability, according ...
Generali Links With Accenture, Vodafone to Provide Cyber Insurance Services
Generali has joined forces with Accenture and Vodafone Business to create a package of cyber insurance services for corporate and small and medium-sized enterprise (SME) clients. The services include ...
Pandemic Has Had ‘Profound Impact’ on Women in Insurance: Accenture
COVID-19 has had a "profound impact on the productivity and well-being" of women working at U.S. insurance companies, according to new research from Accenture. In March, as part of its "Women in FS" ...