AI & Machine Learning

How Is Cowbell Redefining Risk Protection Globally?
Technology & Trends How Is Cowbell Redefining Risk Protection Globally?

In an increasingly digital world, where cyber threats and professional liabilities cost businesses billions annually, the insurance industry faces mounting pressure to evolve, and small and medium-sized enterprises (SMEs), often the most vulnerable, struggle to navigate a labyrinth of risks without

How Are Insurers Battling Sophisticated Insurance Fraud?
Risk Management How Are Insurers Battling Sophisticated Insurance Fraud?

In an era where technology advances at a relentless pace, insurance fraud has morphed from rudimentary scams involving staged accidents or inflated claims into highly sophisticated schemes that exploit digital tools and automated systems with alarming precision. Criminals now harness artificial

How Is Quandri's AI Revolutionizing Insurance Renewals?
Technology & Trends How Is Quandri's AI Revolutionizing Insurance Renewals?

In an industry often bogged down by cumbersome processes, the insurance sector faces a persistent challenge with personal lines renewals, where agency staff traditionally spend countless hours manually requoting policies across various carrier portals. This time-consuming task not only delays

AI to Decide Medicare Treatment Approvals in 2025 Pilot
Technology & Trends AI to Decide Medicare Treatment Approvals in 2025 Pilot

In a groundbreaking development that could reshape the landscape of healthcare for millions of Americans, the Trump administration has rolled out a pilot program named WISeR (Wasteful and Inappropriate Service Reduction), which integrates artificial intelligence (AI) into the decision-making

How Is AI Transforming Insurance in China and Southeast Asia?
Regulatory & Compliance How Is AI Transforming Insurance in China and Southeast Asia?

In the bustling markets of China and Southeast Asia, artificial intelligence (AI) is emerging as a game-changer for the insurance industry, reshaping how companies operate and engage with customers in ways that were unimaginable just a decade ago. This technological revolution is not merely a trend

Insurance Fraud Detection Market to Surpass $28B by 2031
Risk Management Insurance Fraud Detection Market to Surpass $28B by 2031

The insurance industry faces an escalating challenge as fraudulent activities continue to drain billions from global economies, with losses in the United States alone surpassing $308 billion annually as of recent estimates. This staggering figure highlights a pressing need for advanced solutions to

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