Your Daily InsurTech Briefing – 2024-06-16

June 16, 2024
1 min read

Let’s see what’s in the news today.

How GenAI is redefining insurance

Imagine a world where insurance isn’t bogged down by endless paperwork, long processing times, and one-size-fits-all policies. Instead, envision a landscape where every interaction is tailored to fit your unique needs, claims are processed swiftly and accurately, and customer service is available around the clock. Welcome to the transformative era of generative AI in insurance.

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Geospatial Intelligence: Revolutionizing Property Insurance Industry

Geospatial intelligence is an emerging solution that will soon become every insurance company’s toolbox. It is a combination of geospatial data coupled with artificial intelligence (AI) and computer vision driven analytics which derives business insights using imagery from satellites, drones, manned aircraft, or other sensors.Geospatial imagery and computer vision is set to transform the way property insurance underwriting will be managed in future. We delve deeper into the ways in which geospatial imagery and computer vision enhance property insurance underwriting.

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Insgeek Champions Digital Transformation in Group Insurance at ITC Asia 2024

SINGAPORE, June 6, 2024 /PRNewswire/ — Insgeek Champions Digital Transformation in Group Insurance at ITC Asia 2024

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Insurance Luminaries to honor 2024’s top insurtech solutions

The sheer volume of insurance technology tools available today gives rise to the need to identify the standouts. Submit a candidate before the extended nomination deadline on June 21.

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Allianz unveils new home insurance options to enhance UK coverage

Allianz, a world-leading insurance brand, has launched a new three-tier home insurance product aimed at providing more choice for UK homeowners.

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