KPMG Switzerland has joined forces with LatticeFlow AI in a notable effort to enhance AI risk assessments and compliance frameworks for businesses, focusing on managing the increasing concerns associated with artificial intelligence. This strategic partnership marries KPMG Switzerland’s extensive d
The banking industry is at the dawn of an unprecedented transformation driven by Generative Artificial Intelligence (GenAI). This technology promises to reshape core banking functions, significantly enhancing the efficiency and effectiveness of research, risk assessment, and compliance processes.
Global insurtech funding experienced a significant 39.7% increase quarter-on-quarter, driven by larger average deal sizes and an emphasis on advanced technologies. The latest report from Gallagher Re highlights this financial surge, which mainly benefited property and casualty (P&C) insurtechs,
The insurance industry stands on the brink of a technological revolution, with IAT Insurance Group positioning itself at the vanguard by integrating CLARA Analytics’ Claims Document Intelligence Pro (Claims DocIntel Pro) into their auto and general liability claims processing operations. This g
The year 2024 marks a period of significant evolution for the InsurTech industry, as it grapples with the rapid advancements in artificial intelligence (AI) and machine learning, alongside the rising importance of Environmental, Social, and Governance (ESG) considerations and shifting customer
The integration of Artificial Intelligence (AI) and digital technologies has ushered in a new era within the insurance industry, traditionally known for its reliance on manual processes and historical data. As AI reshapes the landscape, insurers are experiencing unprecedented changes in risk
