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AI in action: Stories of how enterprises are transforming and modernizing

CIO Business Intelligence

The virtual event also highlighted EXLs Insurance LLM , a purpose-built solution for claims adjudication and underwriting, and EXLerate.AI , which combines AI agents and domain-specific large language models (LLMs) to manage and automate complex business workflows.

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New: Net Promoter Score Rankings For 133 European Brands

Forrester IT

Forrester just published its European Net Promoter Rankings, 2022 including the Net Promoter Score℠ (NPS) and industry rank for 133 brands in banking, auto and home insurers, and auto manufacturers, across France, Germany, Italy, Spain, UK and Sweden (new in the ranking this year).

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3 Case studies demonstrate the power of modern enterprise content management

CIO Business Intelligence

From insurance to banking to healthcare, organizations of all stripes are upgrading their aging content management systems with modern, advanced systems that introduce new capabilities, flexibility, and cloud-based scalability. In this post, we’ll touch on three such case studies.

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Prudential to shut down Assurance, the insurance tech startup it acquired for $2.35B in 2019

GeekWire

GeekWire File Photo / Taylor Soper) Insurance giant Prudential is shutting down Assurance IQ , five years after spending $2.35 Assurance uses technology to match consumers with insurance plans that are purchased online or through an agent. ” Prudential reported first quarter net income of $1.1 billion, down from $1.46

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The Evolving Role of Cyber Insurance in Mitigating Ransomware Attacks

SecureWorld News

In this regard, many have touted cyber insurance as the knight in shining armor, the end all-be all in terms of mitigating criminals' assaults on your network. Here, cyber insurance serves as an invaluable safety net by offering essential financial coverage and support services in the event of a ransomware attack occurring.

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Is Cyber Liability Insurance Sufficient Coverage for All Cyber Risks?

SecureWorld News

Cyber liability and crime insurance are like a safety net for businesses, but they're not perfect. Third, cyber risks are constantly evolving, and insurance companies may not be able to keep up. New threats are emerging all the time, and it can take time for insurance companies to update their policies.

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Porch completes $100M Homeowners of America acquisition, doubling down on insurance market

GeekWire

Porch says it will use the acquisition to build its national footprint in the home insurance market. Porch cut its net loss in half in 2020, to $51.6 Porch then uses that access to connect homebuyers to movers, insurance agents, home security firms, TV/internet companies and other service providers, making money on transaction fees.