10 ways AI is transforming insurance right now

Author:

Whitepaper

63% of insurance executives believe that the entire industry will be transformed by intelligent technologies.

This report aims to fill the literacy gap by providing a number of use cases of how Artificial Intelligence (AI) can be actively put to work to transform the Insurance industry right now.

Register to receive the whitepaper

 

Value-driven technology enabling growth in the Insurance industry

10 ways AI is transforming insurance right now

 

 

Risk Mitigation

#1 Speeding up claims processing

#2 Using chatbots to improve customer workflow

#3 Detecting and preventing fraud

 10 ways AI is transforming insurance right now

 

 

First Notice of Loss

#4 Mobile interfaces

#5 Processing claims data autonomously

 10 ways AI is transforming insurance right now

 

 

Claims Management

#6 Automated claims support

#7 Advanced underwriting

#8 Using algorithms to spot fraudulent claims

 10 ways AI is transforming insurance right now

 

 

Loss Assessment

#9 Self-service apps

 10 ways AI is transforming insurance right now

 

 

Settlement

#10 Expedited claims

 

 

Founded in 2006, Softelligence enables brokers, insurers and MGAs to accelerate growth with next-generation InsurTech through automation, AI and machine learning.We have extensive industry knowledge and a broad expertise in digital projects covering paperless quote and bind flows, automation of the claims process through AI, fraud detection using machine learning algorithms across personal and commercial lines, corporate and speciality.

Learn more

 

From data to insights, from manual forms to pure digital customer journeys, we are the partner of choice for many Top-Tier Insurers and Banks in Europe and North-America.

Ready to accelerate your digital transformation?

how AI is transforming the insurance industry

    Engage with us

    Please use the contact information to schedule a meeting
    with a representative across our locations.

    global hq & uk office London, United Kingdom

    New Broad Street House, 35 New Broad Street, London, EC2M 1NH

    romania hq & delivery center Bucharest, Romania

    4D Gara Herastrau Street, 2nd Floor
    Building C, 020334

    +40 31 425 19 08

    engineering delivery center Craiova, Romania

    30 Stirbei Voda Blvd,
    Malmo Business Center, 200423

    +40 35 142 36 80

    let’s get in touch E-mail us at

    accelerate@softelligence.net