The ITC DIA Europe Community

More than ever, insurers are under pressure to upgrade their core systems. However, in the rapidly evolving business and technology landscape, insurance companies must go beyond mere system upgrades to fully modernize their legacy systems. NTT DATA developed a comprehensive approach to core modernization that not only addresses the need for technological upgrades but also ensures a smooth transition towards more scalable and industrialized processes. As highlighted in NTT DATA’s new white paper, “Embracing Insurance Core Modernization for Future-Readiness,” this approach is designed to help insurers stay relevant in today’s dynamic business environment by leveraging cloud technologies and AI-driven tools. NTT DATA’s approach, found in this white paper, provides a roadmap for insurers to adapt to the current technological landscape and thrive within it, delivering superior customer experiences and maintaining a competitive edge in the market. Learn more right here: https://lnkd.in/eit_Jeib If you want to check out all the other papers written by NTT DATA, please click here: https://lnkd.in/eS2wq_wX #insurtech #insurance #innovation #ITCDIAEU #NTTDATAInsurance

It's a new week, which means a new Up to DIA. In this 78th edition, you'll find the SAP Fioneer webinar, a new episode of the Reinventing Finance Podcast with Eliron Ekstein, and three insightful editorials on insurtechs Zov Solutions, Companjon, and Comadso. Enjoy the read! #insurtech #insurance #innovation #ITCDIAEU

Imagine a device that does all those time-consuming tasks you dread, like processing emails, attachments, tickets, PDFs, scans, and forms. The DeepOpinion platform enables enterprises to develop custom AI applications that simplify the handling of unstructured data within a user-friendly, no-code environment. This makes advanced automation accessible to non-technical teams. Users can choose to use an existing AI app template or create one from scratch to address specific tasks like managing claims from FNOL to settlement. The intuitive interface allows users to build AI apps in minutes using a drag-and-drop system that aligns with their business rules and system integrations. Read more about DeepOpinion here: https://lnkd.in/eau3fkBD #insurtech #insurance #innovation #ITCDIAEU

GenAI is booming and is making business processes easier. However, these tools can be generic and are still limited in industry language and knowledge. Muffintech employs a team of industry experts who designed its conversational AI AION specifically for the insurance industry. AION has been trained in over 30,000 insurance-related conversations and has successfully passed the certification of an insurance salesperson in Germany. With continuous real-world training and a unique insurance core that includes specific knowledge of the German insurance market and custom input from clients, its GenAI provides detailed, context-aware answers that offer users valuable support. Learn more right here: https://lnkd.in/eeBBSFJn #insurtech #insurance #innovation #ITCDIAEU

Customer demands are rising and thus creating value for your customers is essential to gain and retain them. Comadso’s technology helps insurers stay competitive by offering a comparison tool, including detailed insight into terms and conditions through an API. With Comadso, insurers can put a customer’s risk profile into its software and get evidence of where their own insurance product better meets the customer’s needs, based on their specific risk profile in relation to where they are currently insured or where they are going. The comparison tool improves service quality and customer loyalty, allowing companies to avoid price wars, and win and retain far more customers. Learn more about Comadso right here: https://lnkd.in/e-nmnd63 #insurtech #insurance #innovation #ITCDIAEU Rasmus Meineke

A new week, a new Up to DIA. This 77th edition consists of the highlight video of ITC DIA Europe Amsterdam, a new episode of the Reinventing Finance Podcast, and three editorials on s360.life, Carbon Underwriting, and msg insur:it. Enjoy the read! #insurtech #insurance #innovation #ITCDIAEU

In episode 52 of the Reinventing Finance Podcast, host Nikolaus Sühr sat down with Eliron Ekstein, Co-Founder & CEO of RAVIN.AI. Ravin.AI is a tech start-up transforming the automotive industry with fully autonomous, over-the-air vehicle inspections using everyday cameras and AI. In the conversation with Nick, Eliron shares many insights, including which macroeconomic factors are driving up repair costs and affecting the insurance industry. Check out the episode here: https://lnkd.in/e2fx4yZ6 #insurtech #insurance #innovation #ITCDIAEU

Today’s insurance products are mostly ‘one size fits all’ configurations, possibly resulting in the solution only fitting a small majority of consumers. Companjon is a B2B2C insurtech, and both an insurer and a distributor, offering end-to-end modern insurance solutions that are fully digital and frictionless. They leverage advanced technology such as AI, enabling businesses to offer their customers hyper-personalized insurance at the right place and price. Companjon designs its end-to-end solutions around the customer experience their business partners want to deliver and integrates the solution seamlessly into the digital platforms of that business. Learn more here: https://lnkd.in/eEyb6hGb #insurtech #insurance #innovation #ITCDIAEU Matthias Naumann

Digitising insurance companies is crucial to enhance efficiency within the business. Insurance processes can already be complex in themselves. Zov Solutions’ platform SID, delivers highly customisable and robust solutions to complicated insurance processes. SID ensures accurate and immediate access to insurance information across the entire policy lifecycle and all P&C product lines. It removes inefficiencies and ensures information accuracy, adapting to any business, with flexibility that lets insurers keep on top of the entire policy lifecycle. Learn more about Zov Solutions here: https://lnkd.in/grFPRfHG #insurtech #insurance #innovation #ITCDIAEU Petko Tonchev Rumen Cholakov

It's a new week, which means a new Up to DIA. This 76th edition contains all the photos taken at ITC DIA Europe Amsterdam, a new episode of the Reinventing Finance Podcast, and three editorials on Van Ameyde/Simplifai, Wave Claims, and Adacta. Enjoy the read! #insurtech #insurance #innovation #ITCDIAEU