technology in insurance News

AI Chatbots, Gen AI Set to Revolutionize Insurance Claims Processing: Survey

A majority of global insurers are actively endorsing the application of AI chatbots and generative AI in claims resolution processes, underwriting and customer fulfilment, according to a survey conducted by Gallagher Bassett, the claims-services provider and subsidiary of Arthur J. …

Digital Transformation Vital to Keeping London Market Competitive: Survey

Digital transformation is imperative to remaining competitive in the London market, according to the results of a new survey published by the International Underwriting Association (IUA). Companies identified simplifying processes to enable processing without manual intervention as their highest strategic …

ICT Symposium to Highlight Technological Advancements in Insurance

The Insurance Council of Texas (ICT) announced its Mid-Year Property and Casualty Insurance Symposium returns to Austin’s Sheraton Hotel on July 13 and 14. Evolve and Adapt, Insurance for the Next Generation is this year’s theme as symposium speakers will …