by nm wordpress | Jul 11, 2023 | Blog
One significant solution for commercial insurance is the advancement of AI-powered data platforms to streamline precise underwriting and assist with straight-through processing for submissions and quotes. In today’s dynamic business landscape, small- and...
by nm wordpress | Jun 30, 2023 | Blog
Generative AI data engines for commercial insurance classification and risk assessment can now address the “small data problem” of providing appropriate coverages and premium pricing for small businesses. Today, artificial intelligence (AI) is all over the news. The...
by nm wordpress | Mar 24, 2023 | Blog
When leveraging AI-sourced data and analytics to transform underwriting speed and precision, digitally savvy and collaborative solution providers can be ideal partners. Digital transformation is reshaping the business landscape, but the journey is often far from...
by nm wordpress | Feb 17, 2023 | Blog
A careful assessment of trade-offs between speed and quality of insights from AI-driven risk data platforms can lead to more effective risk evaluation and better outcomes for both insurers and policyholders. To meet policyholder expectations, the insurance...
by nm wordpress | Jan 9, 2023 | Blog
With the integration of advanced technology and data enablement, agents can focus on expanding their roles as trusted advisers, offering valuable insights and guidance to their clients. The insurance industry is gradually transforming as more companies adopt...
by nm wordpress | Dec 27, 2022 | Blog
Insurers can grow by adopting the mindset of disruption as a focus on improvements on, rather than wholesale replacement of, processes and workflows. The concept of disruption is often associated with replacement, like Uber replacing taxis and Airbnb replacing hotels....