The Institutes’ Post

Learn about AI and LLM in Insurance through The Institutes RiskStream Collaborative’s multiparty application summit, taking place virtually on July 11! Join industry leaders to explore the transformative potential of large language models (LLMs) in property and casualty (P&C) insurance and reinsurance. Learn how breaking down silos and fostering collaboration can address critical business challenges, unlock new insights securely, and leverage a multiparty approach. Topics include: ✍ LLMs 📊 Data obfuscation ⚖ Regulatory & Compliance 💻 Responsible Use of AI Don’t miss this chance to learn about ways to overcome the limitations of isolated LLM deployment and drive innovation in the insurance sector. Learn more: https://lnkd.in/eiDTHsG7

📢 In its recent roundup of industry research, Insurance Journal highlighted our State of the Industry research study! We surveyed 200+ property and casualty insurance professionals, uncovering key insights on risk assessment practices, expectations for AI-based models, views on transparency and regulatory adoption, and the industry's top concerns. 🔍 Key finding: The industry remains fragmented on the types of risk models used and which perform best. But, the study found that reinsurers and insurtechs are now convinced that AI models help better manage climate-related losses. 📊 Curious to learn more? Download the full report here: https://bit.ly/3TtX14j

Do you know the top three things Convr does that transforms the underwriting process? We digitize and structure documents, present information to underwriters from our data lake in real-time in a knowledge graph, and score risks to determine if it fits within your company's risk appetite. Reach out today at convr.com for a demo. #ai #ml #data #datalake

Penn National Insurance is transforming their underwriting process with digital tools such as Convr's AI. Read about how they're gaining valuable insights here in this case study. #ai #ml #data #datalake #underwriting

Insurance leaders from dozens of insurers came together to share their valuable insights on underwriting automation at our recent annual conference. The blog post covers where to start and how to succeed in injecting intelligence into underwriting through automation. Check out the link below for more information. Link: https://lnkd.in/e2dH6xmZ

Penn National Insurance is transforming their underwriting process with digital tools such as Convr's AI. Read about how they're gaining valuable insights here in this case study. #ai #ml #data #datalake

With Archer RMIS AI, you can simplify your core requirements and eliminate the complexity of traditional RMIS platforms. Transform your approach to insurance, claims, and incident management with Archer!

Penn National Insurance is transforming their underwriting process with digital tools such as Convr's AI. Read about how they're gaining valuable insights here in this case study. #ai #ml #data #datalake

Evolve your GRC program with the new addition to the Archer family: RMIS AI

Discover how forward-thinking insurance professionals are leveraging innovative AI solutions to turn challenges into opportunities. From personalised underwriting models to AI-powered claims processing, the possibilities are limitless.