On the latest FNO: InsureTech episode, Kyle Geoghan, Indemn's CEO, points out that the most valuable generative AI use cases in insurance today are practical: providing easier access to information and products. AI agents can now generate quotes in natural language and perform real-time underwriting. They already replace 30–40% of the repetitive questions that underwriters and CSRs face each day, freeing specialists for more complex work. Yet, implementing these solutions comes with real-world obstacles: • Compliance risks are significant • Distribution across channels—direct, broker, affinity—remains complex • Insurance experience is essential; “If you don’t have insurance experience, you’re not going to build that platform to scale the way insurance companies need it to” Innovation occurs through trial, informed by deep industry knowledge. Often, it takes several iterations to find what works—expertise narrows the gap between attempt and success. What do you see as the most urgent, practical AI use case in insurance today? 🎧 Tune into the full episode for more: https://lnkd.in/diBFVE9J #Insuretech #Insurtech #CustomerExperience #AIInInsurance #FNOInsureTech #WorkflowAutomation
More Relevant Posts
-
🔈 Mutual insurers do what’s right for their members. But doing more with less (capital, fewer resources, and tighter margins) isn’t easy. Through a shared-vision partnership 🤝, Floatbot.AI + National Association of Mutual Insurance Companies (NAMIC) are helping mutuals meet that challenge head-on with AI: turning ‘less’ into ‘more’ (more efficiency, more accuracy, more productivity): ✅ Reduce claim handling times by up to 40% ✅ Improve CSAT/NPS scores by 20–30% ✅ Increase adjuster productivity by 50%. 🔗 Grab a moment with us to learn how - https://lnkd.in/gDApw7u6 #Floatbot #Insurtech #Insurance #Automation #AI #CustomerExperience #GenAI #AgenticAI #AIAgents #InsuranceIndustry
To view or add a comment, sign in
-
-
📊 Insurance leaders face growing pressure to do more with less. High claims volumes, complex underwriting, and generic policy renewals all put pressure on teams while customers expect speed, accuracy, and personalization. With Flowable’s Agentic AI agents, insurers can: ✅ Triage and process claims faster, with fewer errors ✅ Surface risk insights for underwriting automatically ✅ Personalize policy renewals to improve customer retention ✅ Free up staff to focus on complex, high-value cases The result? Faster turnaround, improved customer experience, and scalable operations without growing headcount. Learn more via the link below #Insurance #AgenticAI #Claims #Underwriting #Renewals #CustomerExperience #dynamiccasemanagement #Flowable https://lnkd.in/duSkT85a
To view or add a comment, sign in
-
#Blog What if the long, cumbersome process of insurance claims vanished into mere minutes? In this blog, ankurjit singh makes you imagine a world where your car’s damage is assessed instantly, fraud is detected proactively, and claims are resolved without paperwork fatigue. This is today’s reality, driven by Generative AI transforming insurance claims from manual chaos into seamless clarity. If you believe faster service means better service, this visionary perspective will redefine your understanding of Gen AI’s role in insurance evolution. Curious to know more? Click here: Https://https://lnkd.in/d-NFFe5r #JKTech #JKTechUS #JKTechUK #GenAI #InsuranceInnovation #AIClaimsProcessing #DigitalTransformation #FutureOfInsurance #PropTech
To view or add a comment, sign in
-
-
Exploring why AI faces roadblocks in the insurance sector: cultural habits and operational barriers. Delve deeper here: https://lnkd.in/edvZvbcE #InsuranceInnovation #AIChallenges #Insurtech
To view or add a comment, sign in
-
-
Manual claims in 2025? That’s money left on the table. See how Galent helped a global insurance provider automate, accelerate, and outpace—using AI and predictive analytics. 📘 Case Study: Innovating Insurance: Streamlining Operations with AI and Predictive Analytics https://lnkd.in/gntAn9YB
To view or add a comment, sign in
-
-
Wayne Poggenpoel what an important topic. Automation and AI integration without understanding the process landscape and the risk mitigating processes poses huge risk for existing and future risk management. #processes #risk #strageicimplemenation #processoptimisation #AI #automation
🚨 Live Webinar Alert 🚨 Join us for Artificial Intelligence in Insurance: Navigating the Fine Line Between Innovation and Risk — an insightful session with Wayne Poggenpoel, Founder of TFL Consulting Pty Ltd, and Tristan Marot from Norton Rose Fulbright. Don’t miss this opportunity to gain expert perspectives on the future of AI in insurance. Secure your spot now: https://lnkd.in/dsg3_sB #IISA #AIinInsurance #InsuranceInnovation #RiskManagement #Webinar
To view or add a comment, sign in
-
-
Wayne Poggenpoel what an important topic. Automation and AI integration without understanding the process landscape and the risk mitigating processes poses huge risk for existing and future risk management. #processes #risk #strageicimplemenation #processoptimisation #AI #automation
🚨 Live Webinar Alert 🚨 Join us for Artificial Intelligence in Insurance: Navigating the Fine Line Between Innovation and Risk — an insightful session with Wayne Poggenpoel, Founder of TFL Consulting Pty Ltd, and Tristan Marot from Norton Rose Fulbright. Don’t miss this opportunity to gain expert perspectives on the future of AI in insurance. Secure your spot now: https://lnkd.in/dsg3_sB #IISA #AIinInsurance #InsuranceInnovation #RiskManagement #Webinar
To view or add a comment, sign in
-
-
🚀 From “Happy Accident” to InsurTech Leader Meet Sri Ramaswamy, founder of Charlee.ai, who turned a surprise career shift into a mission to transform insurance. In this Podium feature, she shares: 🔹 How AI is turning insurance from transactional to connected 🔹 Why trust + transparency will make or break insurers 🔹 The future of “Risk as a Service” and what it means for carriers 🔹 Lessons from 60M+ claims analyzed — and how Charlee is bridging silos from underwriting to claims 👉 Read the full Q&A here: https://lnkd.in/gVyqTZAU #InsurTechCanada #PodiumSeries #InsuranceInnovation #RiskIntelligence #AI
To view or add a comment, sign in
-
-
AI Agents = A New Era for Insurance Operations Imagine an insurance company receiving hundreds of broker submissions daily, each packed with ACORD forms, loss runs, and supplemental documents. The underwriting team is buried in PDFs, manually extracting history, coverage limits, and renewal dates. Now imagine this instead: ✅ An AI Agent powered by Docugami automatically reviews every submission. ✅ It extracts key data from ACORD forms and loss runs, flags missing information, and routes clean, structured data directly into the underwriting system. ✅ It alerts the team when a submission is incomplete or inconsistent, before it slows down the process. No more manual review. No more bottlenecks. Just intelligent automation. Docugami’s AI Agents read and understands documents. They turn unstructured data into actionable insights, enabling faster decisions, better compliance, and stronger broker relationships. This is the future of insurance operations: Smarter workflows. Cleaner data. Happier teams. #AIAgents #InsurTech #DocumentIntelligence #ACORDForms #LossRuns #UnderwritingEfficiency #InsuranceInnovation #Automation
To view or add a comment, sign in
-
-
Insurance COOs face a tough equation ❗ Rising claims costs. Growing customer expectations. All while managing legacy systems and strict compliance requirements. The good news: AI is already proving its value 🤖 We’re seeing insurers reduce friction by automating document intake, supporting underwriters with AI copilots, and strengthening compliance with auditable AI workflows. The result isn’t years away — it’s measurable ROI in weeks 📈 💬 If operational friction is slowing your teams down, I’d be glad to share what we’re seeing in practice.
To view or add a comment, sign in
-