Emerj Artificial Intelligence Research’s Post

In today’s fast-moving insurance landscape, 𝐚𝐜𝐜𝐮𝐫𝐚𝐭𝐞𝐥𝐲 𝐩𝐫𝐢𝐜𝐢𝐧𝐠 𝐜𝐚𝐬𝐮𝐚𝐥𝐭𝐲 𝐫𝐢𝐬𝐤 isn’t just a challenge—it’s a competitive necessity. Traditional methods were slow, leading to inefficiencies and higher claims costs. Leaders are tasked with balancing operational efficiency while ensuring profitability and precision. With AI-driven insights, we can analyze vast data sources—accident reports, past claims, safety violations, and even real-time factors like weather—providing a 360° view of risk that traditional methods miss. 💡 Key applications: - Healthcare: AI models flag high-risk facilities for targeted risk management. - Logistics: AI models provide recomendations to adjust premiums based on accident-prone routes. - Retail: AI models provide insights to tracks theft patterns for optimized pricing. The impact? - 𝐏𝐫𝐢𝐜𝐞 𝐫𝐢𝐬𝐤 𝐦𝐨𝐫𝐞 𝐚𝐜𝐜𝐮𝐫𝐚𝐭𝐞𝐥𝐲, reducing under- or overpricing. 25% more accurate risk pricing. - Predict potential claims and 𝐦𝐢𝐭𝐢𝐠𝐚𝐭𝐞 𝐫𝐢𝐬𝐤𝐬 𝐞𝐚𝐫𝐥𝐲. 30% faster risk identification. - 𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐞𝐝 𝐩𝐫𝐨𝐟𝐢𝐭𝐚𝐛𝐢𝐥𝐢𝐭𝐲 through better premium alignment. To stay ahead, leaders must invest and leverage data and AI not just for automation, but for smarter, data-driven decision-making. The future of casualty risk pricing requires strategic foresight—are you ready to lead? #Leadership #AIinInsurance #RiskManagement #DataScience #CasualtyRisk

You won't want to miss this panel discussion next week at Insurtech Insights in NY. This promises to be an engaging discussion of what is possible for our future and DigitalOwl is excited to have a seat on this panel! #ai #insurtech #claimmanagement #claims #casualty #iti2024 #itiusa2024 #claimsmanagement #propertyandcasualtyinsurance #pandcinsurance #insuretech #claimsmanagement #claimsprocessing

We can't wait to see you in New York! Join us for this insightful panel discussion and discover the transformative potential of GenAI for the future of claims processing. 🚀

Leaving the snow and rain behind and heading to Miami 🌴to speak about the role of AI within the insurance industry at the OPEX Week: Business Transformation World Summit. Crawford & Company is setting new standards and achieving significant results for insurance carriers. We are at the forefront of innovation, harnessing the power of AI to redefine claims handling, delivering impactful outcomes for insurance carriers. It's inspiring to be part of such a forward-thinking organization! I will be sharing the stage alongside highly talented individuals. If you are at the event, please come and join us for the conversation and share your thoughts. No one likes homework on a Friday, but wanted to get your thoughts ahead of the session: What does AI mean to you? #opexweek #ai #insurance #business #insurance

📢 📰 🎉 𝗕𝗿𝗲𝗮𝗸𝗶𝗻𝗴 𝗣𝗮𝗿𝘁𝗻𝗲𝗿𝘀𝗵𝗶𝗽 𝗔𝗻𝗻𝗼𝘂𝗻𝗰𝗲𝗺𝗲𝗻𝘁! CLARA Analytics and Origami Risk are joining forces to accelerate AI adoption for risk managers and claim handlers! The deepened integration between CLARA's AI-powered claims optimization technology and Origami's risk, safety, and insurance SaaS platform brings significant benefits to self-insurers, brokers, and carriers. “Risk management and claims professionals understand that they need to embrace AI, but they’re understandably concerned about security and compliance. Our partnership with CLARA offers a path for the rapid rollout of a proven, secure, compliant AI platform that delivers immediate benefits.” - Earne Bentley, President, Risk Solutions at Origami Risk "By combining the complementary capabilities of our two companies, we can deliver even more value across a broader spectrum of stakeholders. The result is dramatically faster adoption of AI, with massive ROI in the first year. We see this as a big win for our mutual customers." - Heather H. Wilson, CEO at CLARA Analytics. Here's why you should care: 🔍 𝗙𝗮𝘀𝘁𝗲𝗿 𝗔𝗜 𝗔𝗱𝗼𝗽𝘁𝗶𝗼𝗻: This partnership provides claims professionals with rapid access to CLARA's AI platform, offering insights to identify high-risk claims, improve medical outcomes, and streamline claims management. 🔒 𝗦𝗲𝗰𝘂𝗿𝗲 & 𝗖𝗼𝗺𝗽𝗹𝗶𝗮𝗻𝘁: CLARA's platform is SOC2 and HIPAA compliant, ensuring a secure environment while adopting AI. ⚡ 𝗣𝗿𝗼𝘃𝗲𝗻 𝗥𝗢𝗜: Origami customers can get up and running with CLARA in just a few weeks, bypassing many of the onboarding hurdles, accelerating adoption for real ROI. 💡 𝗦𝗲𝗲 𝗜𝘁 𝗜𝗻 𝗔𝗰𝘁𝗶𝗼𝗻: If you're attending the RIMS (Risk and Insurance Management Society, Inc.) #RISKWORLD conference in San Diego, May 5-8, be sure to visit Booth 1249 for a hands-on demonstration of this new integration. Thank you Robert G. Petrie III, Earne Bentley, Chris Bennett, Mike Kaplan, Jose(Joe) C., Stephen Sandberg, Andrew Yeager, Ryan Hilyard and so many more at Origami for your partnership! Read the full press release with the link in comments. #riskmanagement #AI #claimsoptimization #insurtech #riskworld2024

Explore the unique role insurers can play in the development of ethical standards for AI. Join us for a virtual discussion on Sept. 12, led by a panel of distinguished insurance thought leaders. Register here for one of three sessions ➡️ https://bit.ly/3YWCkBN We’ll take a deep dive into the following topics: 1. Reputational issues around the use of AI in insurance. 2. How to monitor and control the use of AI, especially in the core process of underwriting. 3. Risk exposures created / increased by the use of AI. 4. The role of technology in monitoring the proper use of AI. Panelists: Peter L. Miller, CPCU – President & CEO, The Institutes (Moderator) Matthew McHatten – President & CEO, MMG Insurance Jennifer Kyung – VP, P&C Underwriting, USAA Iris Devriese – Underwriter and AI Liability Lead, Munich Re Mike (Fitz) Fitzgerald – Advisory Industry Consultant (Insurance), SAS #ethicalai #insuranceinnovation #futureofinsurance

🚀 Unlock the Future of Insurance with AI-Driven Analytics We are thrilled to invite you to this exclusive on-demand panel event, "AI Driven Analytics: Unleashing the Potential", hosted by Insurance Innovators Summit. Dive deep into the transformative power of AI and analytics in the insurance industry with our panel of distinguished experts including Capco’s Chris Probert Why Watch? ◼️ Expert Insights: Hear from leading minds in the industry as they discuss the latest trends, challenges, and opportunities in AI-driven analytics. Innovative Solutions: Discover how cutting-edge AI technologies are revolutionizing risk assessment, fraud detection, customer service, and more. ◼️ Network Virtually: Connect with our thought leaders, and innovators in the insurance and data space from the comfort of your home or office. Stay Ahead: Equip yourself with the knowledge and tools to stay competitive in a rapidly evolving digital landscape. 🗓 Available Now: On-Demand! 🎯 Who Should Watch: Insurance professionals, data scientists, AI enthusiasts, and anyone interested in the future of insurance technology. #AIInInsurance #InsuranceInnovation #DataAnalytics #PanelEvent #OnDemandevent #iisummit23 #insurance #artificialintelligence #transformation

🚀 Unlock the Future of Insurance with AI-Driven Analytics We are thrilled to invite you to this exclusive on-demand panel event, "AI Driven Analytics: Unleashing the Potential", hosted by Insurance Innovators Summit. Dive deep into the transformative power of AI and analytics in the insurance industry with our panel of distinguished experts including Capco’s Chris Probert Why Watch? ◼️ Expert Insights: Hear from leading minds in the industry as they discuss the latest trends, challenges, and opportunities in AI-driven analytics. Innovative Solutions: Discover how cutting-edge AI technologies are revolutionizing risk assessment, fraud detection, customer service, and more. ◼️ Network Virtually: Connect with our thought leaders, and innovators in the insurance and data space from the comfort of your home or office. Stay Ahead: Equip yourself with the knowledge and tools to stay competitive in a rapidly evolving digital landscape. 🗓 Available Now: On-Demand! 🎯 Who Should Watch: Insurance professionals, data scientists, AI enthusiasts, and anyone interested in the future of insurance technology. #AIInInsurance #InsuranceInnovation #DataAnalytics #PanelEvent #OnDemandevent #iisummit23 #insurance #artificialintelligence #transformation

🚀 Unlock the Future of Insurance with AI-Driven Analytics We are thrilled to invite you to this exclusive on-demand panel event, "AI Driven Analytics: Unleashing the Potential", hosted by Insurance Innovators Summit. Dive deep into the transformative power of AI and analytics in the insurance industry with our panel of distinguished experts including Capco’s Chris Probert Why Watch? ◼️ Expert Insights: Hear from leading minds in the industry as they discuss the latest trends, challenges, and opportunities in AI-driven analytics. Innovative Solutions: Discover how cutting-edge AI technologies are revolutionizing risk assessment, fraud detection, customer service, and more. ◼️ Network Virtually: Connect with our thought leaders, and innovators in the insurance and data space from the comfort of your home or office. Stay Ahead: Equip yourself with the knowledge and tools to stay competitive in a rapidly evolving digital landscape. 🗓 Available Now: On-Demand! 🎯 Who Should Watch: Insurance professionals, data scientists, AI enthusiasts, and anyone interested in the future of insurance technology. #AIInInsurance #InsuranceInnovation #DataAnalytics #PanelEvent #OnDemandevent #iisummit23 #insurance #artificialintelligence #transformation

🚀 Unlock the Future of Insurance with AI-Driven Analytics We are thrilled to invite you to this exclusive on-demand panel event, "AI Driven Analytics: Unleashing the Potential", hosted by Insurance Innovators Summit. Dive deep into the transformative power of AI and analytics in the insurance industry with our panel of distinguished experts including Capco’s Chris Probert Why Watch? ◼️ Expert Insights: Hear from leading minds in the industry as they discuss the latest trends, challenges, and opportunities in AI-driven analytics. Innovative Solutions: Discover how cutting-edge AI technologies are revolutionizing risk assessment, fraud detection, customer service, and more. ◼️ Network Virtually: Connect with our thought leaders, and innovators in the insurance and data space from the comfort of your home or office. Stay Ahead: Equip yourself with the knowledge and tools to stay competitive in a rapidly evolving digital landscape. 🗓 Available Now: On-Demand! 🎯 Who Should Watch: Insurance professionals, data scientists, AI enthusiasts, and anyone interested in the future of insurance technology. #AIInInsurance #InsuranceInnovation #DataAnalytics #PanelEvent #OnDemandevent #iisummit23 #insurance #artificialintelligence #transformation