Qantev’s Post

Redefining the future of insurance with GenAI.

Our very own Karthik Balakrishnan, Ph.D., Chief AI and Analytics Officer at Cover Whale, will participate in a noteworthy panel at Celent's pre-ITC session in Vegas tomorrow, October 15, 2024. The discussion, titled 'Meeting the Digital Needs of Agents: Today and in the Future,' will delve into the widespread adoption of cutting-edge technologies like #GenerativeAI in the insurance sector, all of which aim to better meet customer needs. The COVID-19 pandemic has undoubtedly introduced seismic shifts in the way insurance sells. But, third-party distribution remains the primary battleground. Customers today anticipate an #omnichannel experience, making it pivotal for us to re-imagine our digital infrastructure. Don't miss the chance to learn from Karthik and other forward-thinking industry leaders about the evolving digital landscape in the insurance sector. Mark your calendars and join us at #ITCVegas!

Hot off the press! 🚀 GenAI has transitioned from a moonshot to a reality. To provide insights for insurers, Celent conducted a survey among insurance executives focused on innovation. The survey, conducted between March and April 2024, delved into various aspects including changes in sentiment toward GenAI over the past year, adoption rates by area, expected impacts by use case, technology approaches, and key success factors identified based on recent experiences. Explore the full survey results here: https://lnkd.in/eHwKhxhv #GenAI #InsuranceInnovation #CelentSurvey #InsuranceExecutives #TechnologyTrends Keith Raymond and Andrew Schwartz

We're over the moon about our last event. A big thank you to everyone who joined the Insurtech Happy Hour at Send AI. You can view the pictures from the event through the following link: https://lnkd.in/g8fibaiY Special thanks to the amazing organizations that helped bring this event to life. #Follow their LinkedIn pages and visit their websites to learn more about their technology and services. See below: Send AI: Train your own AI models to extract and validate information from complex documents. Customers like AXA and Alan use it to bring claim reimbursements down from 6 weeks to 1 day. Avata: A technical gateway that is pioneering the integration of insurance solutions within the digital and tokenized asset space, offering a seamless plug-and-play platform that connects insurance carriers with merchants of digital assets and tokenized real-world assets (RWAs). FRISS: FRISS’s Trust Automation Platform provides real-time, data-driven scores and insights that give instant confidence and understanding of the inherent risks of all customers and interaction to make real-time decisions for fast track handling or investigation. Verbond van Verzekeraars: The Dutch Association of Insurers is the advocacy group of non-life and life insurers in the Netherlands. The Association represents the interests of its members and links them to the interests of society. More than 95 percent of all Dutch insurers are members of the Association. Stay tuned for upcoming events. We look forward to seeing you again soon! #Insurtech #insurancetechnology #Insurance #DutchTechnologies

Celent recently conducted a survey among insurance executives focused on innovation. The survey, carried out between March and April 2024, explored their changing sentiment toward GenAI over the past year, adoption rates across different areas, expected impacts by use case, technology approaches, and key success factors identified through recent experiences. #Celent #GenAI Keith Raymond Learn more about the findings here: https://lnkd.in/eHwKhxhv.

🔔 Improve your insurance products and services by learning from these companies 🔔 These companies all have one thing in common 💡 Optimizing contracts for the most favorable conditions 💡 📍 Zurich Insurance is actively exploring the use of AI and data analytics to improve their underwriting and pricing processes. They are investing in technologies that enable them to optimise insurance contract offerings for their customers. 📍 Through sophisticated data analytics and machine learning algorithms, Oscar Health can analyze individual member data and market trends to optimize insurance plans annually. By renegotiating contracts with healthcare providers and insurers, Oscar Health can ensure that its members receive comprehensive coverage at competitive rates. 📍 CoverWallet, an Aon company optimizes client insurance contracts annually using data analysis and automation, ensuring clients get the best terms. This enhances satisfaction and loyalty by providing consistently competitive coverage. THANK YOU for taking the time to explore the exciting world of Insurtech with us! To stay updated on the latest innovations and insights in the insurance industry, don't forget to subscribe to our page! Kannzee ❉Joël #insurance #insuretech #jinnbee

Walnut Insurance's, COO Jil Macdonald, alongside Ramy Nassar sat down to share their high level view of #AI and #Insurance with the Travel Health Insurance Association of Canada (THIA) #embeddedinsurance #insurtech #digitaltransformation #digitalexprience #digitallyembeddedsolutions #digitalinsurance #ArtificialIntelligence

Struggling to keep up with the latest technology trends? Independent agents, start here 👉 Catalyit. Learn about newly added Brightside AI on Catalyit's platform. Our Generative AI Guide is unlocked for a limited time. 🔓 https://lnkd.in/d2brsNjX

🌟 Wow, what an incredible audience from NAIFA and FSP to see the demo of InsurTech Navigator AI! https://ienavigator.ai/. *** I'm truly grateful that these leaders took time out of their busy schedules to attend. InsurTech Navigator AI features engineered prompts and a list of industry resources, including NAIFA and Life Happens. We also scrape the latest information and articles from NAIFA, making it a powerhouse of knowledge akin to InsurTechExpress.com on steroids. 🔥 This isn't just a Life Insurance Technology information tool; it includes integrated AI tools like "Proforce Ledger AI" for IUL, VUL illustrations and financial planning, and "Midnight Underwriter" by Xcela, the first conversational AI field underwriting tool with guidelines from 42 life carriers, a medications database, and the ability to order script checks. And there's more! It summarizes your PDF documents and generates images using InsurTech Navigator AI. Sign up today! https://ienavigator.ai/. #naifaproud #insurtech #lifeinsurance #ai Suzanne Carawan Bryon Holz Brian SteinerKevin Mayeux Emily Cabbage Karla Kirk Brian Horn Corey G. Mathews, CAE David Maola Erni Davis Michael Gerber Maggie Leyes Diane Boyle

🚀 Exciting News Alert! 🚀 We are thrilled to announce our new relationship with Catalyit, a leading provider of technology solutions for independent insurance agents! 🎉 At Brightside AI, we're dedicated to pushing the boundaries of innovation, and teaming up with Catalyit is a huge step towards that goal. With their impressive network of 30,000 individual subscribers across 11,000 agencies nationwide, and formal state association relationships spanning 30 states, Catalyit is the perfect ally to help us bring cutting-edge artificial intelligence (AI) solutions to independent agents. This collaboration marks a significant milestone for both Brightside AI and Catalyit. Together, we are empowering independent agents with the tools and technology they need to thrive in today's competitive market. 🌟 Lauren Crosby, CAE, CMP, Chief Growth Officer at Catalyit, shares our excitement: "We are thrilled to help Catalyit’s network of independent agents connect with Brightside AI, a cutting-edge AI solution. This relationship represents a significant step forward in our mission to empower agents with AI tools and technology they need to succeed in today's competitive market." We can't wait to embark on this journey together and drive positive change in the insurance industry. Stay tuned for more updates and innovations from Brightside AI and Catalyit!💡 https://lnkd.in/gN2R_qZi  #brightsideai #catalyit #ai #insurance #innovation #collaboration #InsuranceAgents #InsuranceBrokers