Indico Data

In our recent episode of Unstructured Unlocked, Wendi Bukowitz, Director of Strategic Innovation at The Cincinnati Insurance Companies, shared some valuable insights into how the insurance industry is evolving through innovation and enterprise AI. Wendi's approach emphasizes focusing on customer needs, improving operational efficiency, and fostering collaboration across teams. Her perspective offers practical ways insurance companies can adapt to a changing landscape. Here are a few key takeaways from the conversation: • 𝗖𝘂𝘀𝘁𝗼𝗺𝗲𝗿-𝗳𝗶𝗿𝘀𝘁 𝗶𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻: innovation is about creating value by understanding and solving the customer's problems, not just about creating new products. • 𝗔𝗜 𝗲𝗻𝗵𝗮𝗻𝗰𝗲𝘀 𝗲𝗳𝗳𝗶𝗰𝗶𝗲𝗻𝗰𝘆: enterprise AI can free employees from repetitive tasks, allowing them to focus on higher-value work like decisioning and improving customer service. • 𝗖𝗼𝗹𝗹𝗮𝗯𝗼𝗿𝗮𝘁𝗶𝗼𝗻 𝗱𝗿𝗶𝘃𝗲𝘀 𝘀𝘂𝗰𝗰𝗲𝘀𝘀: innovation thrives when teams across departments work together, bringing diverse perspectives to the table. Wendi’s message is clear—𝙞𝙣𝙣𝙤𝙫𝙖𝙩𝙞𝙤𝙣 𝙞𝙨𝙣’𝙩 𝙟𝙪𝙨𝙩 𝙖 𝙩𝙚𝙘𝙝𝙣𝙤𝙡𝙤𝙜𝙞𝙘𝙖𝙡 𝙨𝙝𝙞𝙛𝙩 𝙗𝙪𝙩 𝙖 𝙝𝙪𝙢𝙖𝙣-𝙘𝙚𝙣𝙩𝙚𝙧𝙚𝙙 𝙤𝙣𝙚 𝙩𝙝𝙖𝙩 𝙖𝙡𝙞𝙜𝙣𝙨 𝙬𝙞𝙩𝙝 𝙡𝙤𝙣𝙜-𝙩𝙚𝙧𝙢 𝙜𝙧𝙤𝙬𝙩𝙝 𝙖𝙣𝙙 𝙚𝙛𝙛𝙞𝙘𝙞𝙚𝙣𝙘𝙮. 💡 #AI #DigitalTransformation #UnstructuredUnlocked

Underwriters are overextended. As much as 40% of an underwriter's time is now spent on non-core administrative tasks and digital-first competitors are putting the squeeze on traditional insurance companies. With Indico, you can orchestrate your submissions process exactly the way you want. ⚙️ https://lnkd.in/gvKY4-8M #Underwriting #InsurTech #AI

📽️ Catch the insights from our webinar, 𝘍𝘳𝘰𝘮 𝘌𝘹𝘱𝘦𝘳𝘵𝘪𝘴𝘦 𝘵𝘰 𝘈𝘐: 𝘉𝘳𝘪𝘥𝘨𝘪𝘯𝘨 𝘵𝘩𝘦 𝘒𝘯𝘰𝘸𝘭𝘦𝘥𝘨𝘦 𝘎𝘢𝘱 𝘪𝘯 𝘐𝘯𝘴𝘶𝘳𝘢𝘯𝘤𝘦 𝘜𝘯𝘥𝘦𝘳𝘸𝘳𝘪𝘵𝘪𝘯𝘨. Industry leaders Silvia Signoretti from Swiss InsurTech Hub and Naveen Dhar from Microsoft discuss how AI is boosting efficiencies in insurance by reducing administrative focus and empowering more technical roles. Dive into the challenges and learn how insurtech innovations are transforming underwriting talent and decision-making. Watch here: https://lnkd.in/eGQWsjaK #AI #Innovation #DigitalTransformation

Policy issuance is one of the most important functions of an insurer—and it’s key to be able to do it quickly and accurately. Speed, accuracy, and reliability are critical for ensuring both customer satisfaction and solid business performance. But many insurers still rely on manual legacy systems that slow down the policy issuance process and increase the likelihood of errors. These inefficiencies not only affect the customer experience but also leave insurers vulnerable to risk management errors, operational bottlenecks, and costly rework. 𝗕𝘆 𝗮𝘂𝘁𝗼𝗺𝗮𝘁𝗶𝗻𝗴 𝗸𝗲𝘆 𝘁𝗼𝘂𝗰𝗵𝗽𝗼𝗶𝗻𝘁𝘀 𝗶𝗻 𝘁𝗵𝗲 𝗽𝗼𝗹𝗶𝗰𝘆 𝗶𝘀𝘀𝘂𝗮𝗻𝗰𝗲 𝗽𝗿𝗼𝗰𝗲𝘀𝘀, 𝗶𝗻𝘀𝘂𝗿𝗲𝗿𝘀 𝗰𝗮𝗻 𝗿𝗲𝗱𝘂𝗰𝗲 𝘁𝘂𝗿𝗻𝗮𝗿𝗼𝘂𝗻𝗱 𝘁𝗶𝗺𝗲𝘀, 𝗺𝗶𝗻𝗶𝗺𝗶𝘇𝗲 𝗲𝗿𝗿𝗼𝗿𝘀, 𝗮𝗻𝗱 𝗲𝗻𝗵𝗮𝗻𝗰𝗲 𝗼𝘃𝗲𝗿𝗮𝗹𝗹 𝗼𝗽𝗲𝗿𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗲𝗳𝗳𝗶𝗰𝗶𝗲𝗻𝗰𝘆. In this article, we explore how automation helps insurers speed up policy issuance and improve its accuracy, leading to better business outcomes and a more satisfied customer base. #AI #DigitalTransformation #PolicyIssuance

We're thrilled to have Wendi Bukowitz, the Director of Strategic Innovation at The Cincinnati Insurance Companies, join us on our most recent episode of Unstructured Unlocked! 🎙️ Wendi has an incredible background in reinsurance and innovation, bringing fresh insights into how decisioning and enterprise AI are shaping the future. One of the most interesting takeaways is her approach to innovation—always starting with delivering value to customers first. In the podcast, Wendi explains how innovation at Cincinnati isn’t just about creating new products and services; it’s about understanding customer needs and delivering value in a sustainable, profitable way. She also shared how they tackle challenges by focusing on behaviors they can't directly control, which makes their work all the more complex and rewarding. Tune in to hear more about how Cincinnati Insurance stays ahead of the curve by exploring new opportunities that might seem far off but are grounded in real-world experience. As Wendi puts it, “It's not about what we want to do; it’s about what our customers need.” 🙌 https://lnkd.in/gaU4ieS3 #DigitalTransformation #InsuranceTech #AI

AI is revolutionizing compliance in insurance by making it faster, smarter, and more transparent.  Here's how enterprise AI is helping insurers meet regulatory demands while gaining a competitive edge: ✔️𝗔𝘂𝘁𝗼𝗺𝗮𝘁𝗲𝗱 𝗱𝗮𝘁𝗮 𝗺𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁: AI processes large amounts of data efficiently, reducing errors and ensuring compliance is always up to date. ✔️ 𝗥𝗶𝘀𝗸 𝗺𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁 & 𝗳𝗿𝗮𝘂𝗱 𝗱𝗲𝘁𝗲𝗰𝘁𝗶𝗼𝗻: AI identifies potential risks and flags suspicious claims in real time, enhancing compliance with anti-fraud regulations. ✔️ 𝗞𝗬𝗖 & 𝗔𝗠𝗟 𝗰𝗼𝗺𝗽𝗹𝗶𝗮𝗻𝗰𝗲: AI automates identity verification and monitors financial transactions, making compliance faster and more accurate.  ✔️ 𝗗𝗮𝘁𝗮 𝗽𝗿𝗶𝘃𝗮𝗰𝘆 𝗿𝗲𝗴𝘂𝗹𝗮𝘁𝗶𝗼𝗻𝘀: AI helps manage GDPR and CCPA requirements by automating data privacy processes and improving cybersecurity. By streamlining compliance and enhancing decisioning, AI helps insurers stay ahead of regulations while improving overall operations. #AI #InsurTech #RiskManagement

Last week, we introduced the industry's first agentic decision application for underwriting triage and clearance. "𝘛𝘩𝘪𝘴 𝘨𝘳𝘰𝘶𝘯𝘥𝘣𝘳𝘦𝘢𝘬𝘪𝘯𝘨 𝘴𝘰𝘭𝘶𝘵𝘪𝘰𝘯 𝘯𝘰𝘵 𝘰𝘯𝘭𝘺 𝘢𝘶𝘵𝘰𝘮𝘢𝘵𝘦𝘴 𝘢𝘯𝘥 𝘢𝘤𝘤𝘦𝘭𝘦𝘳𝘢𝘵𝘦𝘴 𝘵𝘩𝘦 𝘵𝘳𝘢𝘥𝘪𝘵𝘪𝘰𝘯𝘢𝘭𝘭𝘺 𝘮𝘢𝘯𝘶𝘢𝘭 𝘤𝘭𝘦𝘢𝘳𝘢𝘯𝘤𝘦 𝘱𝘳𝘰𝘤𝘦𝘴𝘴 𝘣𝘶𝘵 𝘢𝘭𝘴𝘰 𝘦𝘯𝘩𝘢𝘯𝘤𝘦𝘴 𝘥𝘦𝘤𝘪𝘴𝘪𝘰𝘯-𝘮𝘢𝘬𝘪𝘯𝘨 𝘢𝘤𝘤𝘶𝘳𝘢𝘤𝘺 𝘢𝘯𝘥 𝘦𝘧𝘧𝘪𝘤𝘪𝘦𝘯𝘤𝘺. 𝘖𝘶𝘳 𝘤𝘰𝘮𝘮𝘪𝘵𝘮𝘦𝘯𝘵 𝘵𝘰 𝘭𝘦𝘷𝘦𝘳𝘢𝘨𝘪𝘯𝘨 𝘢𝘥𝘷𝘢𝘯𝘤𝘦𝘥 𝘈𝘐 𝘵𝘦𝘤𝘩𝘯𝘰𝘭𝘰𝘨𝘪𝘦𝘴 𝘦𝘯𝘢𝘣𝘭𝘦𝘴 𝘨𝘭𝘰𝘣𝘢𝘭 𝘪𝘯𝘴𝘶𝘳𝘢𝘯𝘤𝘦 𝘤𝘢𝘳𝘳𝘪𝘦𝘳𝘴 𝘵𝘰 𝘯𝘢𝘷𝘪𝘨𝘢𝘵𝘦 𝘵𝘩𝘦 𝘤𝘰𝘮𝘱𝘭𝘦𝘹𝘪𝘵𝘪𝘦𝘴 𝘰𝘧 𝘶𝘯𝘴𝘵𝘳𝘶𝘤𝘵𝘶𝘳𝘦𝘥 𝘥𝘢𝘵𝘢 𝘢𝘯𝘥 𝘮𝘢𝘬𝘦 𝘮𝘰𝘳𝘦 𝘪𝘯𝘧𝘰𝘳𝘮𝘦𝘥 𝘥𝘦𝘤𝘪𝘴𝘪𝘰𝘯𝘴, 𝘶𝘭𝘵𝘪𝘮𝘢𝘵𝘦𝘭𝘺 𝘥𝘳𝘪𝘷𝘪𝘯𝘨 𝘣𝘦𝘵𝘵𝘦𝘳 𝘰𝘶𝘵𝘤𝘰𝘮𝘦𝘴 𝘢𝘤𝘳𝘰𝘴𝘴 𝘵𝘩𝘦 𝘱𝘰𝘭𝘪𝘤𝘺 𝘭𝘪𝘧𝘦 𝘤𝘺𝘤𝘭𝘦." - Tom Wilde, CEO of Indico Data https://lnkd.in/gBmqJ4Yu #InsuranceTech #InsuranceClearance #Underwriting 

We’re thrilled to announce the launch of the industry’s first Agentic AI-powered decision application for underwriting triage and clearance! 𝙅𝙤𝙞𝙣 𝙪𝙨 𝙛𝙤𝙧 𝙤𝙪𝙧 𝙪𝙥𝙘𝙤𝙢𝙞𝙣𝙜 𝙬𝙚𝙗𝙞𝙣𝙖𝙧 𝙩𝙤 𝙜𝙚𝙩 𝙖𝙣 𝙚𝙭𝙘𝙡𝙪𝙨𝙞𝙫𝙚 𝙛𝙞𝙧𝙨𝙩 𝙡𝙤𝙤𝙠! Key takeaways: • Discover the benefits of integrating AI into underwriting triage and clearance workflows. • Gain insights into how AI-driven automation can significantly reduce manual processes and improve decision accuracy. • Be among the first to hear how our new Agentic AI architecture will shape the future of underwriting. 𝗜𝗳 𝘆𝗼𝘂'𝗿𝗲 𝗮𝗻 𝗶𝗻𝘀𝘂𝗿𝗮𝗻𝗰𝗲 𝗽𝗿𝗼𝗳𝗲𝘀𝘀𝗶𝗼𝗻𝗮𝗹 𝗶𝗻 𝘂𝗻𝗱𝗲𝗿𝘄𝗿𝗶𝘁𝗶𝗻𝗴, 𝗿𝗶𝘀𝗸 𝗺𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁, 𝗼𝗽𝗲𝗿𝗮𝘁𝗶𝗼𝗻𝘀, 𝗼𝗿 𝘁𝗲𝗰𝗵𝗻𝗼𝗹𝗼𝗴𝘆, 𝘆𝗼𝘂 𝘄𝗼𝗻'𝘁 𝘄𝗮𝗻𝘁 𝘁𝗼 𝗺𝗶𝘀𝘀 𝘁𝗵𝗶𝘀. 🔗 Register here: https://lnkd.in/gbkTSdYZ #UnderwritingTriage #UnderwritingClearance #Insurance

Welcome to the Decision Era! Our new eBook explores how AI is reshaping decision-making in insurance. From underwriting to disaster risk, AI empowers insurers to make smarter, faster, and more precise decisions across auto, home, disaster, and life insurance. 📊 The challenge isn’t just collecting data—it’s turning it into actionable insights that drive real-time decisions. See how AI is fueling growth and enhancing customer experiences. Download now: https://lnkd.in/gskw62FT #InsuranceTech #InsuranceClearance #Underwriting 

We’re thrilled to announce the launch of the 𝗶𝗻𝗱𝘂𝘀𝘁𝗿𝘆’𝘀 𝗳𝗶𝗿𝘀𝘁 𝗔𝗴𝗲𝗻𝘁𝗶𝗰 𝗔𝗜-𝗽𝗼𝘄𝗲𝗿𝗲𝗱 𝗱𝗲𝗰𝗶𝘀𝗶𝗼𝗻 𝗮𝗽𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻 for 𝘂𝗻𝗱𝗲𝗿𝘄𝗿𝗶𝘁𝗶𝗻𝗴 𝘁𝗿𝗶𝗮𝗴𝗲 𝗮𝗻𝗱 𝗰𝗹𝗲𝗮𝗿𝗮𝗻𝗰𝗲! Specifically designed for the commercial underwriting sector, this game-changing solution automates the manual, time-consuming clearance process, slashing delays and eliminating inaccuracies. With unstructured submissions data automatically ingested and complex decision criteria instantly analyzed, quoting speeds up, enabling smarter risk selection and driving premium growth. This revolutionary application sets a new standard in insurtech by harnessing Indico Data’s Agentic AI architecture to deliver: ✨Faster decision-making ✨Enhanced risk assessment ✨Unmatched operational efficiency “𝘛𝘩𝘪𝘴 𝘨𝘳𝘰𝘶𝘯𝘥𝘣𝘳𝘦𝘢𝘬𝘪𝘯𝘨 𝘴𝘰𝘭𝘶𝘵𝘪𝘰𝘯 𝘯𝘰𝘵 𝘰𝘯𝘭𝘺 𝘢𝘶𝘵𝘰𝘮𝘢𝘵𝘦𝘴 𝘢𝘯𝘥 𝘢𝘤𝘤𝘦𝘭𝘦𝘳𝘢𝘵𝘦𝘴 𝘵𝘩𝘦 𝘤𝘭𝘦𝘢𝘳𝘢𝘯𝘤𝘦 𝘱𝘳𝘰𝘤𝘦𝘴𝘴 𝘣𝘶𝘵 𝘢𝘭𝘴𝘰 𝘴𝘶𝘱𝘦𝘳𝘤𝘩𝘢𝘳𝘨𝘦𝘴 𝘥𝘦𝘤𝘪𝘴𝘪𝘰𝘯-𝘮𝘢𝘬𝘪𝘯𝘨 𝘢𝘤𝘤𝘶𝘳𝘢𝘤𝘺 𝘢𝘯𝘥 𝘦𝘧𝘧𝘪𝘤𝘪𝘦𝘯𝘤𝘺. 𝘞𝘪𝘵𝘩 𝘢𝘥𝘷𝘢𝘯𝘤𝘦𝘥 𝘈𝘐 𝘵𝘦𝘤𝘩𝘯𝘰𝘭𝘰𝘨𝘺, 𝘸𝘦 𝘦𝘮𝘱𝘰𝘸𝘦𝘳 𝘨𝘭𝘰𝘣𝘢𝘭 𝘪𝘯𝘴𝘶𝘳𝘢𝘯𝘤𝘦 𝘤𝘢𝘳𝘳𝘪𝘦𝘳𝘴 𝘵𝘰 𝘤𝘰𝘯𝘲𝘶𝘦𝘳 𝘶𝘯𝘴𝘵𝘳𝘶𝘤𝘵𝘶𝘳𝘦𝘥 𝘥𝘢𝘵𝘢 𝘢𝘯𝘥 𝘮𝘢𝘬𝘦 𝘴𝘮𝘢𝘳𝘵𝘦𝘳 𝘥𝘦𝘤𝘪𝘴𝘪𝘰𝘯𝘴—𝘶𝘯𝘭𝘰𝘤𝘬𝘪𝘯𝘨 𝘣𝘦𝘵𝘵𝘦𝘳 𝘰𝘶𝘵𝘤𝘰𝘮𝘦𝘴 𝘢𝘤𝘳𝘰𝘴𝘴 𝘵𝘩𝘦 𝘦𝘯𝘵𝘪𝘳𝘦 𝘱𝘰𝘭𝘪𝘤𝘺 𝘭𝘪𝘧𝘦𝘤𝘺𝘤𝘭𝘦.” – Tom Wilde, CEO, Indico Data 𝗧𝗵𝗲 𝗳𝘂𝘁𝘂𝗿𝗲 𝗼𝗳 𝘂𝗻𝗱𝗲𝗿𝘄𝗿𝗶𝘁𝗶𝗻𝗴 𝗶𝘀 𝗵𝗲𝗿𝗲—𝗮𝗻𝗱 𝗶𝘁'𝘀 𝗳𝗮𝘀𝘁𝗲𝗿, 𝘀𝗺𝗮𝗿𝘁𝗲𝗿, 𝗮𝗻𝗱 𝗺𝗼𝗿𝗲 𝗮𝗰𝗰𝘂𝗿𝗮𝘁𝗲. #AgenticAI #InsuranceUnderwriting #InsuranceClearance