Underwriting 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

December 5, 2024
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

November 20, 2024
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

November 20, 2024
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

November 19, 2024
INSANDA and UnderwriteMe Partner to Revolutionize Life Insurance Industry
AI & Automation INSANDA and UnderwriteMe Partner to Revolutionize Life Insurance Industry

In a groundbreaking move set to significantly reshape the landscape of the life insurance industry, INSTANDA, a global SaaS platform provider for life insurance distribution and policy administration, has partnered with UnderwriteMe, a leading SaaS provider specializing in underwriting automation.

October 15, 2024
How Is AI Revolutionizing Life Insurance Underwriting Processes?
AI & Automation How Is AI Revolutionizing Life Insurance Underwriting Processes?

Artificial Intelligence (AI) is transforming industries, and life insurance is no exception. In the realm of underwriting, AI is not just a tool; it's a catalyst driving efficiency, accuracy, and transformative change. This article delves deep into how AI is revolutionizing life insurance

August 26, 2024
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