All Automation articles
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Beyond automation: moving to generative AI – Xceedance
The insurance industry is beginning to understand the potential of generative artificial intelligence (Gen-AI) and adopt it for certain processes, but Amit Tiwari, co-founder and president at Xceedance, thinks it’s time to move beyond basic task automation to fully harness the power of AI.
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Insurtech euphoria has cooled, focus on immediate value – GAIF panel
An insurtech innovation panel debate at the GAIF34 event in Oman emphasised ways forward for insurtech, and AI in particular, to demonstrate the most value to insurance in the shortest time possible.
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Lloyd’s provides Blueprint II progress update after ‘great’ 2022
’2023 will be an important year for the delivery of Blueprint II,’ says chief executive
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Merged insurtech platforms to supercharge treaty renewals
The tech speeds up submissions and improves accuracy of risk pricing, helping reduce reinsurers’ loss ratios
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Aon and top reinsurers launch Open Exposure Data Standard
Initial testing on reinsurance placement data for Japan, Australia and China has proved successful
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Over $24 billion premium renewed via Supercede platform
Co-founder predicts 2023 will be an important year for ’reinsurtech’ as customers report 85% operational savings
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Lime Syndicate Management gets green light from Lloyd’s
Headed up by former Barbican boss David Reeves, it will offer new clients a legacy-free ‘plug and play’ solution
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Lloyd’s of London resets systems following potential cyber attack
The international insurance marketplace detected ‘unusual activity’ on its network
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Lloyd’s postpones two milestones in latest Blueprint Two update
The marketplace’s chief executive said vendor support was essential to achieve adoption milestone
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Over three quarters of re/insurers remain digital laggards
Fewer than 25% have truly digitised the value chain, despite the accelerating transformation of the last two years - ACORD
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Argo Group and ACORD Solutions Group partner to enable automated data extraction and processing of insurance documents
ACORD Data Standards are widely used throughout the insurance industry, accounting for half of global gross written premium.