How Gen AI Is Transforming NAIC Reporting Compliance
U.S. insurers face significant operational and compliance challenges as they adapt to evolving NAIC reporting requirements.
With updates ...
gen AI News
Meta Says Gen AI Had Muted Impact on Global Elections This Year
Despite widespread concern that generative AI could interfere with major elections around the globe this year, the technology had limited impact across Meta Platforms' apps, the tech company said on ...
2025 Predictions: Tech and UBI Growth, 5 Carriers to Exit Auto Market
It's expected that in 2025, rising claims costs will continue to push insurance rates higher, frustrating customers and forcing insurers to customize products, according to a report by global market ...
90% of Insurers Have GenAI Budgets; 10% Can Fully Comply With AI Regs
Data and technology leaders at insurance organizations are gung ho about using GenAI to increase customers satisfaction, reduce operating costs and improve risk management, but few are fully ready to ...
Avoid Digital Transformation Remorse by Applying These Three Principles
Generative AI messaging is everywhere. New products continuously enter the market touting Gen AI capabilities. Established solutions regularly release new features ...
GenAI Investment to Grow 30%, High Adoption Firms Expect 3x Higher ROI Over Next 3 Years
With modest GDP growth and stagnant budgets, organizations globally will find it necessary to reallocate funds from mature areas to support IT investments, according to Boston Consulting Group's ...