Mireia Rojo Arribas’ Post

🚀 AI in Action: Transforming the Insurance Landscape 🚀 This is an exciting opportunity to understand how AI is revolutionising the insurance sector! 🧠💡 From fraud detection to dynamic pricing, the impact of AI on our industry is profound and far-reaching. If you're passionate about innovation and technology, this is a must-attend event. 🏆📈 Let's delve into how AI is reshaping our industry. Don't miss out on this insightful session – register now! 🔗 #InsuranceInnovation #AI #TechInInsurance Pavithra Byra Reddy Rama Kuppa Tariq Khan Akif Tarique Raj Subramanian Steven Levine

Are you curious about how AI is reshaping the insurance industry? Dive deep with us to explore AI's profound impact on every link in the value chain. From detecting fraud to optimizing pricing dynamically, discover how AI is revolutionizing every aspect of insurance industry. Don't miss out! Register here: https://bit.ly/3VrIqIb #AIinInsurance #InsurTech #DigitalTransformation #Visionet Rama Kuppa Tariq Khan Paul D. Akif Tarique Raj SubramanianPavithra Byra Reddy Steven Levine

Wiimer is augmenting its advanced analytics services through #GenerativeAI, such as #largelanguagemodels. This week we address AI applied to the #insurance industry. In this publication we explore the case of deploying AI towards fraud and leakage prevention and detection amidst insurance operations. Discover more 🔽 https://lnkd.in/dZCHaKJT #insurtech #ai #fraud #advancedanalytics #themissingdot

"As the insurance industry becomes more and more digitized, AI will take a more prominent role in flagging abnormalities, irregularities and abuse or fraud. Insurers are constantly having to evolve in all fraud spaces because of the rapid digitization of many industries, including the benefits space." Learn more: AI tools helping insurers manage plan costs by weeding out instances of benefits fraud: https://hubs.ly/Q021jw3P0 #benefitsfraud #groupinsurance #employeebenefits #medicalexpenses

🌟 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗡𝗲𝘄𝘀: 𝗔𝗜'𝘀 𝗥𝗼𝗹𝗲 𝗶𝗻 𝗘𝗻𝗵𝗮𝗻𝗰𝗶𝗻𝗴 𝗜𝗻𝘀𝘂𝗿𝗮𝗻𝗰𝗲 𝗙𝗿𝗮𝘂𝗱 𝗗𝗲𝘁𝗲𝗰𝘁𝗶𝗼𝗻 🌟 Artificial Intelligence is revolutionizing fraud detection in the insurance industry. Advanced AI algorithms can identify suspicious patterns and anomalies in real-time, significantly reducing fraud. Key Benefits: 𝑹𝒆𝒂𝒍-𝑻𝒊𝒎𝒆 𝑫𝒆𝒕𝒆𝒄𝒕𝒊𝒐𝒏: Immediate identification of fraudulent activities. 𝑬𝒏𝒉𝒂𝒏𝒄𝒆𝒅 𝑨𝒄𝒄𝒖𝒓𝒂𝒄𝒚: Fewer false positives compared to traditional methods. 𝑪𝒐𝒔𝒕 𝑺𝒂𝒗𝒊𝒏𝒈𝒔: Reduced financial losses due to fraud. Stay informed on how AI is shaping the future of insurance. #AI #Insurance #FraudDetection #DigitalTransformation #IndustryNews

💵 Revolutionizing Cash Settlements in Auto Insurance with AI. Cash settlements are one of the best ways to reduce operating expenses and speed up small claims assessment.   🔎 Fast and Accurate Assessment: Visual Intelligence can streamline damage assessments, improve accuracy and significantly reduce processing times. 🛡 Fraud Reduction: The implementation of AI in fraud detection has seen a significant reduction in fraudulent activity, saving billions of dollars per year. 💡 Efficiency and Transparency: By incorporating Visual Intelligence into the settlement process, insurers can reduce their overhead, leading to a more efficient and transparent process. Visual Intelligence is transforming auto insurance, making cash settlements faster, fairer and more reliable. 👉 Find out more key aspects at the link provided in the comments section.  #InsurTech #AI #Fraud #Insurance.

I wanted to share an article from Fortune shedding light on how insurers are harnessing the power of artificial intelligence (AI) to drive down operational costs and enhance efficiency. As the insurance landscape continues to evolve, the integration of innovative technologies becomes increasingly vital to remain competitive and address the evolving needs of customers. The article, titled "Insurers Tap into AI to Reduce Costs," underscores the pivotal role AI plays in revolutionizing various aspects of the insurance industry. One particularly noteworthy aspect highlighted is the proactive approach insurers are taking to combat fraud. In this regard, platforms such as FraudGraph.ai are instrumental. By leveraging AI-driven analytics, insurers can effectively identify and mitigate fraudulent activities, safeguarding their operations and bolstering trust among stakeholders. At FraudGraph.ai, our commitment lies in delivering sophisticated solutions tailored to the unique challenges faced by insurers. Through the seamless integration of AI technologies, we empower insurance companies to fortify their risk management strategies while optimizing processes for enhanced efficiency. The evolution of AI in the insurance sector represents a significant milestone in driving operational excellence and mitigating risks. As we navigate this transformative journey, let's continue fostering innovation and pushing the boundaries of what's achievable in the realm of insurtech. #Insurtech #AI #FraudDetection #Innovation #InsuranceIndustry https://lnkd.in/eQXPzCFB

One of our leading experts on the applications of AI for insurance, Xumeu Planells, PhD is taking part in BIBA’s panel session today on The March of AI and What Brokers Need to Consider. Should be a very interesting discussion looking at initiatives such as remote home inspection, client verification, enriching underwriting data, and fraud detection. It starts at 11.45pm on the seminar stage. https://splr.io/6040Yphhp #BIBAConference #BIBA2024 #AI #WhatsNext

Whilst the advancement of AI has proven invaluable at helping insurers manage claims and detect fraud, Kaye Sydenham ACII, Product Owner for Anti-Fraud at Verisk, discusses how it also facilitates fraudsters in falsifying and exaggerating claims, costing UK insurers £1 billion annually. In an ongoing bid to tackle this issue, Verisk is working closely with UK insurers, leveraging data, and investing in innovative products to better develop anti-fraud products which will help detect fraud early on in the claims lifecycle – saving time and money for insurers. Watch our video where Kaye explains how AI is impacting the insurance industry. #AntiFraudSolutions #UKInsurers #AI #Claims

Did you know? 🎯 More than 78% of Insurance customers find the claims process frustratingly slow. 🔮 On top of it, more than 40% of insurance premiums are inaccurately calculated due to not defined underwriting processes. 😱 Fraudulent claims are costing the industry a staggering $40 billion annually! 💸 🤖Enter AI in the equation and you can slash the processing time by over 50% 💰 ✅ According to McKinsey & Company, AI-driven risk assessment reduces errors to a mere 5%, optimizing premiums and minimizing risks for insurers. 🛡️AI can also automate up to 80% of routine claims tasks The best part though? AI-powered fraud detection saves the industry $10 billion yearly! 🦸♂️💰 AI is revolutionizing the Insurance and Annuities industry, making it faster, more efficient, and more customer-centric. #AI #LifeInsurAI #processmining #AnnuityAI #InsuranceInnovation #AnnuityTech