As artificial intelligence continues to permeate various industries, the phenomenon of "AI hallucinations" has come under scrutiny for its potential to mislead. These occurrences raise alarm when AI systems produce content that appears believable yet contains inaccuracies. Towergate
The insurance industry has been facing a relentless onslaught of challenges, where rising claims costs threaten profitability and efficiency. Driven by inflation, unpredictable weather patterns, and increased fraud, these mounting expenses are forcing insurers to reevaluate their operations.
In today's rapidly evolving digital landscape, the insurance industry is not immune to the transformative power of technology. A recent evaluation, Keynova Group's Q2 2025 Online Insurance Scorecard, highlighted how Progressive Insurance is taking the lead in this digital revolution. The
As the healthcare landscape evolves, addressing medication management and safety becomes increasingly critical, especially for aging populations. In this context, Humana, a leading player in the insurance and healthcare sectors, confronts the complex challenge of ensuring patient safety amidst the
Generative AI (GenAI) has catapulted into the insurance industry spotlight, promising to transform the claims processing landscape. As insurers grapple with increasing claim volumes and heightened demand for customer satisfaction, GenAI stands out as an advanced tool to stimulate operational
In the insurance world, Simon Glairy is a name synonymous with expertise in risk management and Insurtech, particularly AI-driven risk assessment. With the commercial property and casualty insurance landscape facing new challenges in 2025, Simon offers insights into how the market is adapting to
