UVeye’s Post

I had the privilege of attending the "Navigating the Future of Insurance" session by Celent at Insurtech Insights in NY last week. I was truly amazed by the rapid pace of change sweeping across insurance carriers. Keith Raymond's insights on how boards can responsibly leverage the potential of GenAI, the speed of adoption, and the top use cases were particularly impressive. Growth continues to be the biggest driver of technology plans, and core systems are seeing significant investments. It’s remarkable that over 3% of carriers already have GenAI systems in production 🚀, and over 70% have budgeted for or are planning to implement them 🚀🚀. This represents a major shift, as insurance carriers are not typically known as fast adopters. While IT & Data, Customer and Agent Engagement, and Claims are the highest impact areas, carriers must emphasize improving data quality and design for accuracy, regulatory compliance, and ongoing costs to ensure long-term success. Karlyn Carnahan Megan Kuczynski #InsurtechInsights #GenAI #InsuranceInnovation #TechTransformation #FutureOfInsurance #Celent #Growth #CoreSystems #Innovation 🌟🚀📈

Read our new case study to learn how Quanata used a combination of technologies and habit building principles to make driving safer.  https://lnkd.in/eQRVaKpi Quanata is committed to shaping a future where technology enhances driver safety and aligns with insurers' needs to predict and prevent risks more effectively. We create context-based insurance solutions that merge telematics-enabled products with persuasive technology and data-driven insights to encourage safer driving behaviors.

"When Humans Outperform Robots" 🤖 At Peopleway, we believe in a powerful synergy between human capabilities and AI. This Monday in Copenhagen at the Insurance Innovators conference, our CEO and founder Lars Julin will give an advisory session on proactive augmented intelligence. 🔊 📈 If you're attending the Insurance Innovators conference, drop by Lars Julin's presentation at Claims Stage 3 11:30. 💡 #AugmentedIntelligence #HumanfactorAI #Insurance #IInordics24

In today's age, the adoption of AI is rapidly gaining momentum. It's crucial that we prioritize solutions that serve the betterment of humanity. Attendees at the conference should pay close attention to Lars' insights.

Insurtech: Targa Telematics buys Earnix’s spin off Drive-it: The operation gives birth to Targa Drive, a Usage-Based Insurance telematics solution integrating behavioral analysis of drivers through machine learning and Artificial Intelligence #TargaTelematics

Insurtech: Targa Telematics buys Earnix’s spin off Drive-it: The operation gives birth to Targa Drive, a Usage-Based Insurance telematics solution integrating behavioral analysis of drivers through machine learning and Artificial Intelligence #TargaTelematics

Insurers are embracing GenAI to transform their processes and drive tangible outcomes across the insurance value chain. Leading practices are emerging as carriers reinvent their operations to leverage GenAI's unique capabilities. https://ow.ly/If5G50SEJsx #GenAI

Insurers are embracing GenAI to transform their processes and drive tangible outcomes across the insurance value chain. Leading practices are emerging as carriers reinvent their operations to leverage GenAI's unique capabilities. https://ow.ly/hMu250SEJsw #GenAI

AI and LLMs are driving significant advancements in the insurance industry, streamlining processes and enhancing capabilities. Elizabeth Blosfield, Deputy Editor of Carrier Management, talks with Arvind Kaushal and Jacqueline Schaendorf, CPCU of Cogitate about what they're seeing in the industry. Interested in attending or speaking at Carrier Management's virtual InsurTech Summit in 2025? Register now at theinsurtechsummit.com! #InsurTechConnect #AIinInsurance

🚀 Exciting Announcement! 🚀 On November 7th at 1 PM ET 📅, we’re hosting our Virtual Summit: Transforming Insurance and Productivity with RPM, AI & Partnerships. Get ready to hear from industry experts, including leaders from Canadian Association of Managing General Agents (CAMGA), CSIO - Centre for Study of Insurance Operations, QUOTEY, Swoop, Red Planet Software, ABEX Affiliated Brokers Exchange Inc and more! We’ll dive into how RPM, AI, and strong partnerships are shaping the future of insurance. 🎤 Speakers include: Greg Purdy, Stephanie Olegario, and more from Rival Caroline Schweppe and Malcolm MacDonald from Red Planet Software JAD McGregor from ABEX Catherine Smola from CSIO Steve Masnyk from CAMGA Nick Kidd from Quotey Daire Burke from Swoop ... and more TBA! We’ll be sharing the registration link soon with our clients, partners, and friends of Rival. If you’re interested in joining, let us know by emailing us at sales@rivalit.com! #VirtualSummit #Insurtech #AI #RPM #Partnerships