Insurance fraud, unfortunately, is inevitable. A certain amount of fraud is priced into the product. The goal for insurers is ...

As AI use grows, insurance companies are increasingly questioning whether photos submitted during the claims process are real.

Majesco, the insurance industry’s foremost innovator in AI-native and cloud-native software, announced today the release of ...

The transformation of underwriting will not arrive as a dramatic disruption; it will happen gradually through the replacement ...

A fake health insurance claim does not have to leave a patient with a bill to create trouble. It can show up first as an ...

A hot potato: Despite the increasing costs of generative AI investments, companies are still scrambling with the potentially disruptive effects of the new algorithmic paradigm. Enterprise-class ...

HDFC Life is leveraging generative AI to enhance customer experience, streamline operations, and strengthen risk management, ...

If TAU addresses the front end of the insurance value chain, The Doctors Company’s Augmented Intelligence Data Experience ...

As companies increasingly integrate artificial intelligence (AI) – particularly generative AI – into day-to-day business operations, insurance carriers are moving quickly to limit their exposure.

As people interact more with AI, new risks such as AI hallucinations and model drift are emerging. Recognizing the problem, insurance companies are announcing new policies that cover such risks .

Wolters Kluwer (ENXTAM:WKL) has launched new AI powered solutions across legal, regulatory, and insurance compliance segments. Key releases include NILS AI Assist for insurance regulatory queries, the ...

I use generative AI almost every day in my practice, and by far the most important application is making game plans for client meetings. For example, I can plug a client situation into Microsoft ...