LEARN ABOUT THE EVOLVING INSURANCE INDUSTRY AND THE USE OF ARTIFICAL INTELLIGENCE
December 2022
How AI Can Help Reduce Litigation and Severity
Private passenger claims collision severity has reached a record of $5,743 in Q1 2022, up 36% in the same period in 2020, while the average verdict for a lawsuit with more than $1 million awarded [...]
Claims: Competing in a digital first industry
Digital Insurance Leaders are Investing in a New Vision for Claims. That vision embraces Digital First customers, processes, technology, & workforces and changing industry roles. Join our Thought Leaders as they [...]
November 2022
PART 4 – SIMPLIFYING THE UNDERLYING TECHNOLOGY BEHIND UNSTRUCTURED DATA ANALYSIS
This is PART 4 of a four-part series. Insurance companies for the most part have been sitting on mountains of unexplored data. They don’t know it exists, they don’t understand its value and because [...]
October 2022
PART 3 -THE SIX “V’S” OF DATA AND THE VALUE FOR INSURERS
This is PART 3 of a four-part series. Unstructured data, as we've seen, forms the bulk of data lying about unused with businesses and industries. Emails, texts, legal reports, voice recordings, the list of [...]
September 2022
PART 2 – BASICS OF UNSTRUCTURED DATA & HOW IT CAN TRANSFORM INDUSTRIES
This is PART 2 of a four-part series. Unstructured data is driving innovation across industries. After all, MIT reports that much of the current data – almost 90% - is unstructured. Yet, despite [...]
PART 1 – INTRODUCTION TO UNSTRUCTURED DATA
This is PART 1 of a four-part series. THE VALUE OF UNSTRUCTURED DATA Data is the new gold critical to receiving and processing an insurance claim. As a result, InsureTech companies are [...]
