AI Risk Evaluation

Claims Handling Key to MGA Success in Softening Market
AI & Automation Claims Handling Key to MGA Success in Softening Market

In the dynamic realm of the UK insurance industry, Managing General Agents (MGAs) have emerged as indispensable intermediaries, underwriting policies on behalf of insurers with a blend of specialized expertise and rapid adaptability, thus addressing niche market needs. These entities have thrived

CLARA Data Engineering Service – Review
AI & Automation CLARA Data Engineering Service – Review

In the fast-evolving landscape of insurance technology, a staggering 80% of AI projects falter due to one persistent issue: poor data quality, which poses a critical challenge for insurers striving to leverage artificial intelligence for claims optimization and operational efficiency. Enter CLARA

Hiscox Adapts Insurance for E-Sports and Escape Rooms
Data Analytics Hiscox Adapts Insurance for E-Sports and Escape Rooms

The Changing Landscape of Leisure in the UK The leisure industry in the UK is undergoing a seismic shift, with over 60% of consumers now favoring interactive experiences over traditional pastimes, according to recent industry surveys. This transformation signals a departure from passive activities

InsurTech Infrastructure Innovation – Review
Digital Insurance InsurTech Infrastructure Innovation – Review

The insurance industry, long burdened by outdated systems and inefficiencies, processes billions of dollars annually yet struggles with fragmented technology that erodes trust between agents and clients, making innovation a critical need. Enter Irys, an emerging InsurTech company that has captured

How Is AI Revolutionizing Fraud Detection in Insurance?
Digital Insurance How Is AI Revolutionizing Fraud Detection in Insurance?

In an era where fraudulent claims drain billions from the insurance industry each year, the integration of artificial intelligence offers a beacon of hope for insurers striving to protect their operations and customers. Picture a scenario where a seemingly routine claim triggers an alert, not due

Court Revives Erie Insurance Fee Dispute, Impacts Industry
Regulatory & Compliance Court Revives Erie Insurance Fee Dispute, Impacts Industry

Dive into the complex world of insurance law with Simon Glairy, a renowned expert in insurance and Insurtech, specializing in risk management and AI-driven risk assessment. With decades of experience, Simon has a deep understanding of the intricacies surrounding reciprocal insurance exchanges and

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