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Insurance industry investments in generative AI are expected to surge by over 300 percent from 2023 to 2025 as organizations move from pilots in one or two areas to implementations in multiple ...
Having entered the business and technological mainstream two years ago, Generative AI is now helping to boost operations and cost efficiency across the insurance landscape. Among GenAI's cutting-edge ...
A much higher percentage of insurance chief executives say that generative AI is a top investment priority for their firms than peers in other industries, according to a survey report published by ...
Since November 2022 when OpenAI brought LLMs and GenAI to the broad public, I have discussed AI with more than 100 insurance companies, both big and small. Nearly every one of them has conducted at ...
Insurers and reinsurers that achieve spectacular returns on average equity have seven common characteristics, according to Aon, which analyzed the performance of 100 insurers and reinsurers to ...
The billionaire founders of Two Sigma Investments—John Overdeck and David Siegel—are stepping down from day-to-day management after feuding for years and handing control to two new co-chief ...
My interest in all things property/casualty insurance prompts my smartphone to serve up lots of news from across the nation about carrier activities—local news clips and mainstream media articles ...
Google illegally monopolized the search market through exclusive deals, a judge ruled Monday, handing the government a win in its first major antitrust case against a tech giant in more than two ...
Microsoft Corp. said Delta Air Lines Inc. turned down repeated offers for assistance following last month's catastrophic system outage, echoing claims by CrowdStrike Holdings Inc. in an increasingly ...
Social inflation is an ever-present concern in the property/casualty insurance industry, putting pressure on their reserve levels and overall financial stability. According to research from Swiss Re ...
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