AI & ML

The insurance industry is focusing on artificial intelligence and climate change as primary concerns for 2024, according to the latest findings from the International Insurance Society (IIS) Global Priorities Survey. The survey sought to identify the most pressing issues in the industry and collect

The insurtech sector is undergoing a significant transformation, driven by cutting-edge technological advancements. As we navigate through the latter half of 2024, innovations in artificial intelligence (AI), Internet of Things (IoT), data analytics, and blockchain are continuing to revolutionize

The surge of Artificial Intelligence (AI) in the insurance sector is shaping up to be one of the defining revolutions of the modern era. By 2033, it's anticipated that the integration of AI will rocket the industry's valuation from USD 5 billion in 2023 to an estimated USD 91 billion,

Artificial Intelligence (AI) is transforming industries, and insurance is no exception. Claims management, known for its complex, paper-heavy processes, is being revolutionized by AI's entry. The Black Car Fund has emerged as a pioneer by embracing this technological tide through a strategic

In the realm of growing tech innovations, generative AI stands out as a revolutionary force, and Crum & Forster (C&F), headquartered in Morristown, is embracing this evolution. The company sees AI as an asset in its operations, looking to boost productivity, efficiency, and precision in its

The automotive industry is at a critical turning point, driven by the rapid integration of cutting-edge technologies. As vehicles become increasingly connected, autonomous, and powered by electricity, this shift opens a world of possibilities for innovation and improvement. However, as these