LexisNexis Risk Solutions has introduced LexisNexis Flyreel for Claims, an innovative AI-driven property claims inspection tool aimed at transforming the claims process for U.S. home insurance carriers. This new solution is designed to enhance the efficiency and accuracy of claims management,
Simon Glairy is a recognized expert in the fields of insurance and Insurtech, with a specialized focus on risk management and AI-driven risk assessment. Can you briefly introduce yourselves and give us a background on your roles at Snapsheet and CrashBay? Could you provide a quick overview of what
In a notable demonstration of financial resilience and strategic expansion, Hamilton Insurance Group, a Bermuda-based re/insurer, achieved remarkable financial growth in FY 2024. Despite facing significant loss events, the company's disciplined underwriting and strategic initiatives led to
IT process automation is increasingly becoming an integral part of improving efficiency within IT departments and beyond. This broad category includes various technologies like robotic process automation (RPA), business process automation (BPA), digital process automation (DPA), workflow automation
Organizations worldwide are grappling with the daunting challenge of protecting their data and infrastructure against the looming threat of quantum computing advancements. With recent developments like Google’s Willow chip and Microsoft’s Majorana 1 processor, the possibility of practical quantum co
In a significant advancement for smart home technology, Google Home has integrated Nest Protect smoke and carbon monoxide (CO) alarms and added support for Matter-certified smart locks, aiming to enhance the overall functionality and usability of the Google Home app. By streamlining various smart
Sprout.ai, an innovative artificial intelligence company based in London, is transforming the insurance industry by automating the claims processing workflow. Founded in 2018, the company leverages cutting-edge AI technologies to deliver faster and more accurate claims decisions, significantly
The role of internal audit leaders is evolving rapidly with the advent of artificial intelligence (AI). Traditional fraud detection methodologies are becoming increasingly inadequate in the face of sophisticated and emerging fraud schemes. This article explores how AI can revolutionize fraud
The cryptocurrency market has experienced a notable resurgence in 2024, following a challenging period in 2022 marked by fraud and negative actors. This recovery is seen as a pivotal moment for digital assets, with significant developments and trends anticipated for 2025. Many industry experts are
Artificial Intelligence (AI) is transforming how businesses analyze customer behavior, enabling companies to understand their customers better and faster than ever before. Advances in machine learning have drastically changed the landscape, allowing even non-tech-savvy employees to participate in
