Many claim handlers are already using AI in their processes to some extent, but realizing its full potential could be hampered by a lack of tech talent and access to adequate data.
Deep knowledge of an industry allows underwriters to recognize exposures across multiple lines and build coverage accordingly, resulting in seamless solutions.
Risk & Insurance sat down with Giovanni Smyth to learn more about how Insurance Consulting & Technology helps its partners become more efficient and find new ways to deliver value to customers throughout the insurance life cycle.
How has the workers’ compensation industry evolved over the past decade? The Rising Medical Workers’ Compensation Benchmarking Study answers this question by reviewing the industry’s overall adoption of new technologies, as well as its struggles with the current talent shortage.
As the insurance industry faces a considerable talent shortage, finding ways to optimize the process of knowledge transfer has never been more crucial.
This transformation of risk data accessibility equalizes information access, enabling individuals and businesses to preemptively address potential issues.
While AI has penetrated awareness in the larger culture, construction companies have been delving into it themselves in recent years including using it to optimize work schedules, to improve workplace safety, and to keep a close eye on construction sites.
Looking ahead to the future of cyber and privacy, this all-female attorney-led panel at In2Risk will dive deep into the unparalleled challenges of AI and quantum computing.
Clear, organized and granular data is your friend. Not only does it put you at the top of the list for service with underwriters, it makes the work of everyone in the process more seamless.
As the use of different types of workers’ compensation technology increases, the insurance industry could help facilitate the ways future generations of workers are protected.