FPT Asia Pacific’s Post

𝐃𝐢𝐝 𝐲𝐨𝐮 𝐤𝐧𝐨𝐰? Insurance agents spend only one-third of their time actually selling due to repetitive tasks and using up to ten different tools daily. High attrition rates in the insurance sector reach up to 40%, and siloed data across multiple systems makes simple tasks complex. All this is explored in this latest thought leadership article by Sumanas Kar, Regional Director, India & South Asia, Vymo. This article delves into the modern challenges faced by insurance agents and how AI-driven tools can revolutionize their workflow. It highlights the need for a J.A.R.V.I.S-like intelligent system to streamline data, reduce manual tasks, and enhance productivity. From mobile-first technology to AI-backed insights, discover how these innovations can transform the insurance industry, making it more agent and customer-centric. Read the full article now: https://bit.ly/3wQ6kDO Annapoorna Ramanath  Prerak Sethi | Shwetank Verma | Subhajit Mandal, CFA | Prashant Rao | Nilanjan Roy | Shobha Arora | Anu Singh #technology #indiainsurtech #insurancetech #AI #Machinelearning #Insurtech #artificialintelligence #thoughtleadership #article #digitaltransformation #insurer #brokers 

AI in Insurance market trends & use cases

🌟 Dive into the future of insurance with FPT Software's "Talk to Experts 2024" series! Discover how we're leveraging technology to enhance the industry and unlock new possibilities. Don't miss out on this opportunity to gain insights from industry leaders and explore innovative solutions. #InsuranceInnovation #FPTSoftware #AI #IndustryExperts

By 2025, the AI-driven insurance market is set to surpass $6 billion, with 70% of insurers adopting #AI technologies. With 20+ years of experience, FPT Software is empowering clients to achieve faster time-to-market, improved risk management, and enhanced customer experiences. Some of our AI-infused flagship solutions are: 👉🏻 IvyChat—an AI-powered chatbot solution offering 24/7 customer support, accelerating claim processing, and improving user interactions. 👉🏻 Insurance 360—a comprehensive AI platform enabling intelligent underwriting, fraud detection, and personalized insurance offerings 👉🏻 AIDP (AI-Driven Platform)—a robust platform designed to enable insurers with real-time data processing, advanced predictive analytics, and actionable insights. More on our end-to-end solutions and success stories: https://lnkd.in/gCtqMG5a FPT Software AI Center Financial Services Group by FPT Software #FPT #FPTSoftware #InsurTech #ArtificialIntelligence 🌏 fptsoftware.com

By 2025, the AI-driven insurance market will exceed $6 billion, with 70% of insurers embracing AI technologies. With over 20 years of experience, FPT Software is helping clients accelerate time-to-market, enhance risk management, and elevate customer experiences with AI-driven solutions. #FPTSoftware #Insurance #AI

By 2025, the AI-driven insurance market is expected to exceed $6 billion, with around 70% of insurers adopting #AI technologies. With over 20 years of experience, FPT Software Indonesia is empowering insurers to accelerate time-to-market, improve risk management, and deliver enhanced customer experiences through our AI-infused solutions. Here are some of our flagship AI-powered offerings: 👉🏻 IvyChat – An AI chatbot solution providing 24/7 customer support, speeding up claims processing, and improving user interactions 👉🏻 Insurance 360 – A comprehensive AI platform for intelligent underwriting, fraud detection, and tailored insurance products 👉🏻 AIDP (AI-Driven Platform) – A robust platform that equips insurers with real-time data processing, predictive analytics, and actionable insights 🔍 Discover more about our end-to-end AI solutions and success stories: https://lnkd.in/gCtqMG5a #FPT #FPTSoftware #AIIndonesia #InsurTech #ArtificialIntelligence #InsuranceInnovation 🌏 fptsoftware.com

🌟 Exciting insights from Episode 3 of Talk to Experts 2024: Enhancing Insurance with Data, Analytics & AI! 🚀 In a world driven by data, our experts shared cutting-edge strategies to leverage AI for smarter decision-making in insurance. From predictive analytics to personalized customer experiences, the possibilities are endless. Curious about how these innovations can transform your business? Let's connect and explore the future of insurance together! #Insurance #DataAnalytics #AI #Innovation

Day 1 @ ITCVegas done – Great Start. As the head of Insurance SBU at Kumaran Systems and responsible for Digital Initiatives, I’m eager to connect with industry leaders and dive into the latest trends in insurance technology and AI-powered transformation initiatives. This year, I’m especially interested in exploring advancements in AI including factors determining decision-making on choosing apt LLM at enterprise level use cases, focused SLM’s, Autonomous Agents, Digital Workers, AI Governance and Cost optimization for AI implementation. At Kumaran Systems, we’re passionate about driving AI-powered transformation—integrating AI into every aspect of our offerings, from reshaping how insurance operations are managed through IT modernization to revolutionizing customer experiences with intelligent automation and data-driven insights. By embedding AI in our solutions, we help insurers unlock new efficiencies and stay ahead of the curve. Equally, we believe in the power of partnerships to unlock new opportunities, collaborate on emerging technologies, and reshape the insurance landscape. Looking forward to view latest innovations and discussions with industry peers at exhibit area. #ITCVegas #KumaranSystems #AI #InsuranceInnovation #InsurTech #AIinInsurance #CognitiveAutomation #AITransformation #Partnerships #InsuranceConference

Off to Munich with Erik Leung and Kyrre Garseth! to kick off something exciting! 🚀 Simplifai is partnering with InsurTech Hub Munich in their innovative Scale AI program! This collaboration marks a significant step forward in enhancing efficiency and delivering superior service to German insurance companies, particularly in the area of claims management. 🤖 By leveraging Simplifai's cutting-edge AI Platform, German insurers can revolutionize their claims management processes. This partnership will enable them to streamline claims handling, reduce cycle times, and improve overall customer satisfaction. The goal is to provide a seamless and efficient claims experience, ensuring that clients receive the best possible service. 🔝 We are especially excited to support German insurers through this partnership. With advanced AI solutions, Simplifai is well-equipped to address the unique challenges faced by the German insurance market and help insurers optimize their claims management processes. 🚘 Stay tuned for more updates as we embark on this exciting journey together! 🚀 #Innovation #AI #CustomerSatisfaction #Efficiency #ClaimsManagement #Insurtech #Partnership #InsurtechHubMunich #Simplifai #GermanInsurers

Generative AI I dont think there’s anyone in any role across any industry who’s not thinking about it. We hear about it from experts all the time. We are taking a slight shift in the approach this time. No more talking. Lets get into real action. Excited to partner with some of the best minds to break down their business problems and converge into real actionable use cases that will leverage Gen AI and drive meaningful business impact. #genAI #designthinking #liveMint #businessimpactwithAI Sanket Dhurandhar Harsha G Santhosh Rao Rishi Aurora Prasad Kurup