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Generative AI agents complement human insurance agents by doing the 'grunt work,' so they can focus on empathy and connection with policyholders.
This period marks a turning point for commercial property coverage, with easing and increasingly flexible options available to buyers.
The results underscore the industry's ongoing hard market conditions.
Underwriters train AI agents to think like them, teaching the software to perform menial tasks, then larger projects.
This executive's career path illustrates what is possible when insurers purposefully recruit talent from outside the industry.
Insurity released the results of its 2024 AI in Insurance Report, revealing 63% of respondents had a positive AI experience with their insurer.
More than 90% of surveyed professional liability carriers intend to raise rates for architects and engineers, Ames & Gough reports.
Inland marine insurance professionals now use cutting-edge tech to navigate the modern risk landscape across industries.
The insurtechs on the publication's Fintech 50 2024 list are each using technology in novel ways in an effort to make insurance more accessible.
A bill described as "the first part of Gov. Brian Kemp's multiyear approach to tort reform," received a favorable Georgia House Insurance Committee reading on February 15.
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