automation News
U.S. Chamber of Commerce Calls for Regulation of AI
The U.S. Chamber of Commerce on Thursday called for regulation of artificial intelligence technology to ensure it does not hurt growth or become a national security risk, a departure from the ...
InsurTech Profile: AgentSync Co-Founders on the Cost of Resisting Change
Niji Sabharwal, CEO and co-founder of insurance compliance software provider AgentSync, has a message for insurers who worry InsurTech is causing too much disruption in the industry. "People often ...
How Automation Can Help Manage the Underwriting Process
Ping pong is a great game—but not one you want to play when it comes to working. The back and forth created by common pain points in the underwriting process, such as partially complete, illegible, ...
Unlocking the Value of Intelligent Automation for Actuarial Ratemaking
Back in the day doesn't mean what it used to. In most cases, that phrase refers to a time many years ago. But with the world changing as quickly as it is, back in the day ...
The Inside Story: How QBE NA Is Digitally Transforming Its Underwriting Operations
QBE North America's commercial insurance business is poised to mark a major milestone in a digital transformation of its underwriting operations.
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 ...
Where Carriers Are Spending: The Investments Driving Underwriting Change
How Insurers Can Retain Skilled IT Talent With Workload Automation and Orchestration
Insurance companies faced a growing labor shortage before the pandemic, but now the challenge of hiring and retaining skilled workers is even more significant. In late 2021, millions of Americans ...
Your Tech Stack’s Missing Piece: Intelligent Decisioning
The insurance industry has faced a multitude of changes in the last few years, including a fast-changing workforce landscape because of trends like The Great Resignation that result in high turnover ...
P/C Insurers Plan to Boost Their Use of Actuarial Automation: Willis Towers Watson
Property/casualty insurers plan to accelerate their use of automation for actuarial work, a new Willis Towers Watson survey found. What's more, COVID-19 has been a major factor in the trend. The ...