In a recent conversation with Parul Kaul-Green, CFA on Unstructured Unlocked episode 9, we explored how automation is reshaping the insurance industry.💼 As technology evolves from robotic process automation to document intelligence and now generative AI, businesses are faced with managing these rapid advancements. It’s not just about improving existing tools but understanding entirely new categories of technology. Insurers are trying to balance day-to-day operations with the challenge of implementing and governing these innovations – all while keeping change management in mind. https://lnkd.in/g-jKFdpb #UnstructuredUnlocked #InsurTech #DigitalTransformation
Indico Data
Software Development
Boston, Massachusetts 4,721 followers
The intelligent intake company.
About us
Legacy intake solutions have forced organizations to choose between speed and accuracy, weighing risk versus revenue. With Indico Data’s Intelligent Intake Solution, now you don’t have to compromise. The Indico Data Intelligent Intake solution gives document-intensive industries the best of all worlds, enabling data-driven decision-making, with unparalleled speed, at enterprise scale. Indico Data’s Intelligent Intake solution drives better outcomes through better intake.
- Website
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http://indicodata.ai
External link for Indico Data
- Industry
- Software Development
- Company size
- 51-200 employees
- Headquarters
- Boston, Massachusetts
- Type
- Privately Held
- Founded
- 2013
- Specialties
- Machine Learning, Intelligent Process Automation, Artificial Intelligence, Intelligent Automation, Unstructured Data, Transfer Learning, Composite AI, Deep Learning, Machine Teaching, and Intelligent Document Processing
Products
Locations
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Primary
55 Court St
2nd Floor
Boston, Massachusetts 02108, US
Employees at Indico Data
Updates
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What an exciting season for us at Indico Data! From launching our Clearance and Triage solution at Insurtech Connect Las Vegas to sharing insights at Insurance Innovators London, we’re driving innovation in AI for insurance. We’re thrilled to support Amazon Bedrock, advancing smarter decisions with our hybrid AI solutions. This week at Guidewire Connections in Nashville, we showcased tools like our PolicyCenter accelerator and explored Generative AI strategies in the Cloud Acceleration Bootcamp. We’re just getting started—stay with us as we continue to shape the future of insurance decision-making! 💡 #InsurTech #Underwriting #DigitalTransformation
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Underwriters face mounting challenges every day. Between spending 40% of their time on administrative tasks and manually processing endless submissions, most teams can only tackle 20-40% of inbound opportunities. 📉 Add rising competition from digital-first insurers, and it's clear traditional processes aren’t cutting it. To stay competitive, underwriters need tools that eliminate manual tasks, prioritize the best opportunities, and accelerate decisions. Discover how: https://lnkd.in/g4FSATH5 #UnderwritingClearance #InsurTech #UnderwritingTriage
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AI is reshaping underwriting in insurance, combining diverse data sources like satellite imagery and economic indicators to create a fuller picture of risk. This helps insurers prioritize high-value risks and adapt quickly to real-time changes, improving both decisions and service. By consolidating data, enterprise AI streamlines workflows, enabling underwriters to make faster, more accurate decisions without juggling multiple systems. It enhances the entire policy lifecycle—from assessing submissions to analyzing claims 📸—making processes more efficient and precise. Most importantly, AI works alongside human expertise, empowering underwriters to focus on complex, high-value decisions while AI handles routine tasks. This collaboration transforms workflows, ensuring insurers stay agile and ready for the future. #InsurTech #Underwriting #DigitalTransformation
Revolutionizing underwriting: A deep dive into chapter 3 of The Decision Era eBook
Indico Data on LinkedIn
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AI is transforming insurance by focusing on collaboration and customization. Instead of pushing a one-size-fits-all solution, successful projects invest time upfront, tailoring implementations to each region’s specific needs. By prioritizing scope and driving value, companies avoid long-term challenges like complex upgrade paths. Now, with the rise of generative AI, we're seeing a new wave of innovation, reminiscent of the changes that started a few years ago. 🌐 Chris Payne https://lnkd.in/gAFcjhXg #Underwriting #AI #InsuranceIntake
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We’re looking forward to an exciting week at Guidewire Connections 2024 in Nashville! 🎉 Join us in the Agility Showcase Theater for a live demo of our PolicyCenter accelerator and new Clearance and Triage Solution. Or stop by our booth anytime during the event to chat about Indico’s latest innovations. Learn more and schedule a meeting with us. https://lnkd.in/ddtAZ9F5 #GuidewireConnections #InsurTech #Underwriting
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New episode of Unstructured Unlocked! James Wright, Head of Technology at Beazley, joins us to share how his team is using enterprise AI to transform specialty lines in insurance. “𝘐𝘵’𝘴 𝘯𝘰𝘵 𝘫𝘶𝘴𝘵 𝘢𝘣𝘰𝘶𝘵 𝘵𝘦𝘤𝘩—𝘪𝘵’𝘴 𝘢𝘣𝘰𝘶𝘵 𝘣𝘶𝘪𝘭𝘥𝘪𝘯𝘨 𝘢 𝘤𝘰𝘯𝘴𝘪𝘴𝘵𝘦𝘯𝘵, 𝘷𝘢𝘭𝘶𝘢𝘣𝘭𝘦 𝘦𝘹𝘱𝘦𝘳𝘪𝘦𝘯𝘤𝘦 𝘧𝘰𝘳 𝘣𝘳𝘰𝘬𝘦𝘳𝘴 𝘢𝘯𝘥 𝘤𝘶𝘴𝘵𝘰𝘮𝘦𝘳𝘴 𝘢𝘭𝘪𝘬𝘦,” James explains. By leveraging AI in underwriting, Beazley focuses on decision-making that adapts to each client’s unique needs.🤝 James highlights how Beazley’s approach addresses regional data and submission differences, ensuring consistency across markets. With clear goals focused on outcomes, the team works closely with brokers to deliver insights that make a real impact. Listen in to learn how Beazley is optimizing broker relationships and advancing smarter, data-driven decisions in insurance here: https://lnkd.in/dsPX5wVr #DigitalTransformation #UnstrucuredUnlocked #Underwriting
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AI is redefining decision-making in insurance by moving beyond basic tasks to support smarter, real-time decisions across underwriting, claims, and risk management. Chapter 2 of our Decision Era eBook explores how agentic AI autonomously analyzes risks and suggests policy options, while generative AI models potential scenarios to improve future readiness. This blend of AI capabilities empowers insurers to stay agile, adapt to market changes, and offer more personalized policies. 🌍 Embracing AI for decisioning is transforming how insurers operate in a competitive landscape. Download the eBook here: https://lnkd.in/gskw62FT #DigitalTransformation #UnderwritingClearance #InsurTech
AI’s role in transforming insurance: Chapter 2 of Indico’s Decision Era eBook
Indico Data on LinkedIn
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📣Last call! Our webinar is happening today. Discover the advantages of integrating AI into underwriting triage and clearance workflows. Be one of the first to explore how our new Agentic AI architecture will redefine the future of underwriting. Don’t miss out—see how AI is transforming underwriting today. Register here: https://lnkd.in/gbkTSdYZ #InsurTech #UnderwritingClearance #UnderwritingTriage
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Indico Data reposted this
Join us on November 12 for an exclusive look at Indico Data's new AI-powered solution for underwriting triage and clearance. Hear directly from our CEO, Tom Wilde, and former SVP at Travelers, Bill Devine, about our innovative new Agentic AI architecture and how it’s shaping the future of underwriting. Don’t miss your chance to see AI redefine the industry. Save your spot here: https://lnkd.in/gbkTSdYZ #InsurTech #UnderwritingTriage #UnderwritingClearance