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Insurance Stories - Page 16

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EXL unveils insurance LLM for improved claims accuracy
Data Analytics

EXL unveils insurance LLM for improved claims accuracy

EXL has unveiled its new Insurance LLM, enhancing claims accuracy by 30% for the insurance sector, leveraging NVIDIA partnerships and advanced AI techniques.

By Catherine Knowles • 3 min read • Thu, 7th Nov 2024
Apple's support boosts RCS adoption among global brands
Unified Communications

Apple's support boosts RCS adoption among global brands

A recent study by Sinch reveals over 70% of brands view Rich Communication Services as a key channel for customer communication in five years.

By Imee Dequito • 3 min read • Thu, 7th Nov 2024
WTW unveils new AI technology for accurate P&C reserving
Data Analytics

WTW unveils new AI technology for accurate P&C reserving

WTW has unveiled ResQ Machine-led Reserving, a technology that promises insurers enhanced accuracy and efficiency in property and casualty reserving.

By Kaleah Salmon • 2 min read • Mon, 4th Nov 2024
Newgen Software secures spot in 2024 Gartner report
Document Management

Newgen Software secures spot in 2024 Gartner report

Newgen Software has been named a niche player in the 2024 Gartner Magic Quadrant for Enterprise Low-Code Application Platforms for the fifth year running.

By Kaleah Salmon • 2 min read • Mon, 4th Nov 2024
Newgen named niche player in 2024 Gartner Magic Quadrant
Digital Transformation

Newgen named niche player in 2024 Gartner Magic Quadrant

Newgen Software has been named a Niche player in the 2024 Gartner Magic Quadrant for Enterprise Low-Code Application Platforms for the fifth consecutive year.

By Kaleah Salmon • 2 min read • Fri, 1st Nov 2024
Newgen recognised in 2024 Gartner Magic Quadrant again
Digital Transformation

Newgen recognised in 2024 Gartner Magic Quadrant again

Newgen Software has been acknowledged by Gartner in the 2024 Magic Quadrant for Enterprise Low-Code Application Platforms for the fifth year running.

By Catherine Knowles • 3 min read • Thu, 31st Oct 2024
Forrester reveals 2025 predictions for banking & insurance
Data Analytics

Forrester reveals 2025 predictions for banking & insurance

Forrester's 2025 Predictions report reveals banks and insurers face significant transformations in customer experience and tech investments amid evolving trends.

By Shannon Williams • 3 min read • Wed, 30th Oct 2024
APAC firms to boost AI investment by over 20% in 2024
Generative AI

APAC firms to boost AI investment by over 20% in 2024

Research suggests nearly half of Asia Pacific firms plan to boost AI investments by over 20% in the next year, despite a skills gap hindering progress.

By Sean Mitchell • 4 min read • Wed, 23rd Oct 2024
Newgen Software reports 23% rise in Q2 revenues to INR 361 Cr
Enterprise Content Management

Newgen Software reports 23% rise in Q2 revenues to INR 361 Cr

Newgen Software has announced robust Q2 results for fiscal 2025, with revenues up 23% to INR 361 crore and profits surging 47% to INR 70 crore.

By Shannon Williams • 3 min read • Fri, 18th Oct 2024
Nearmap reveals Gen 6 AI with 130 enhanced detections
Smart Cities

Nearmap reveals Gen 6 AI with 130 enhanced detections

Nearmap has launched Generation 6 of its AI model, featuring over 130 location-based detections to enhance decision-making across various sectors.

By Kaleah Salmon • 3 min read • Mon, 14th Oct 2024
Kelly McManus joins S-RM to lead global business growth
Cybersecurity

Kelly McManus joins S-RM to lead global business growth

Kelly McManus joins S-RM as Global Business Development Lead for Insurance and Legal, strengthening its reach in the US and UK cyber security landscape.

By Imee Dequito • 3 min read • Fri, 4th Oct 2024
Cloudera unveils secure private link network for cloud data
Data Analytics

Cloudera unveils secure private link network for cloud data

Cloudera launches new Private Link Network to enhance secure cloud connectivity, addressing data security and privacy for highly regulated industries like finance and healthcare.

By Kaleah Salmon • 2 min read • Wed, 25th Sep 2024

Stories from Other Regions

Insurance stories

DAS launches geospatial crop insurance solution in Australia
Artificial Intelligence

DAS launches geospatial crop insurance solution in Australia

DAS has launched a geospatial crop insurance solution in Australia, tackling a USD $113 billion crop protection gap and enhancing policy accuracy.

By Catherine Knowles • 3 min read • Fri, 25th Oct 2024
Aviva teams with CRCs to boost cyber resilience for SMEs
Unified Communications

Aviva teams with CRCs to boost cyber resilience for SMEs

Aviva has teamed up with the Cyber Resilience Centre network to bolster cyber security for over 3,000 insurance brokers across the UK.

By Catherine Knowles • 3 min read • Fri, 11th Oct 2024
Customer experience: The heart of sustainable growth
Crypto

Customer experience: The heart of sustainable growth

Customer experience drives sustainable financial growth, risking AUD $87 billion if ignored. Digital banks leverage automation for seamless service.

By Darren Cockerell • 5 min read • Tue, 1st Oct 2024
AI-driven CatalyX upgrade revolutionises corporate learning
Data Privacy

AI-driven CatalyX upgrade revolutionises corporate learning

Enparadigm's AI-driven CatalyX upgrade aims to revolutionise corporate learning through personalised, real-time simulations, enhancing skill transfer and scalability.

By Kaleah Salmon • 3 min read • Mon, 30th Sep 2024
Spark teams up with Fidelity Life for data governance strategy
Data Protection

Spark teams up with Fidelity Life for data governance strategy

Fidelity Life partners with Spark to strengthen data governance using Microsoft Purview, aiming to boost resilience and competitiveness amidst decentralised IT operations.

By Melania Watson • 3 min read • Mon, 30th Sep 2024