AI & Automation

Can OmniGen AI Transform Underwriting in Life Insurance Industry?
AI & Automation Can OmniGen AI Transform Underwriting in Life Insurance Industry?

In a move poised to revolutionize the life insurance industry, Canara HSBC Life Insurance has introduced OmniGen AI, an advanced artificial intelligence system aimed at transforming the underwriting process. Serving as a sophisticated assistant to human underwriters, OmniGen AI evaluates

Can Reinsurers Sustain Robust Performance into 2025 Renewals?
AI & Automation Can Reinsurers Sustain Robust Performance into 2025 Renewals?

The 66th edition of the Reinsurance News Monte Carlo Executive Roundtable, held during RVS in September 2024, provided a comprehensive discussion on the reinsurance market conditions leading up to the January 2025 renewals. Sponsored by BMS Re and PwC, the event highlighted the impressive

Partnership Offers Innovative P&C Insurance Solutions for Mid-Market Firms
AI & Automation Partnership Offers Innovative P&C Insurance Solutions for Mid-Market Firms

The collaboration between MIJS Captive Management, LLC, and International Re (I-RE) aims to revolutionize the insurance landscape for mid-market companies by offering bespoke commercial property and casualty (P&C) insurance solutions. Established within the legal services provider Moore Ingram

Markel Appoints Dena Furmanek as Senior Underwriter for Fine Art
AI & Automation Markel Appoints Dena Furmanek as Senior Underwriter for Fine Art

Markel, a division of the Markel Group, has announced the immediate appointment of Dena Furmanek as Senior Underwriter for Fine Art in North America. Based in the Chicago area, Furmanek will report directly to Kyle McGrath, the Head of US Fine Art. In her new role, Furmanek will be responsible for

Agentech Secures $3M to Transform Insurance Claims with AI Automation
AI & Automation Agentech Secures $3M to Transform Insurance Claims with AI Automation

Agentech, an AI-powered workforce solution provider, is creating waves in the insurance claims industry with its recent $3 million seed fundraising. This significant milestone highlights the firm’s potential to revolutionize traditional insurance workflows. The following analysis breaks down

Can ClaimSorted's AI Transform Insurance Claims Processing Forever?
AI & Automation Can ClaimSorted's AI Transform Insurance Claims Processing Forever?

With recent technological advancements making waves across various sectors, the insurance industry is not far behind. ClaimSorted, an emerging player in the InsurTech landscape, aims to reshape the insurance claims process by incorporating AI and automation technologies. Backed by substantial

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