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Why a data-first culture is key to unlocking value from AI in insurance

CIO Business Intelligence

Data is the lifeblood of the modern insurance business. Yet, despite the huge role it plays and the massive amount of data that is collected each day, most insurers struggle when it comes to accessing, analyzing, and driving business decisions from that data. There are lots of reasons for this.

Insurance 329
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Are enterprises ready to adopt AI at scale?

CIO Business Intelligence

Whether it’s a financial services firm looking to build a personalized virtual assistant or an insurance company in need of ML models capable of identifying potential fraud, artificial intelligence (AI) is primed to transform nearly every industry. Another challenge here stems from the existing architecture within these organizations.

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How AI orchestration has become more important than the models themselves

CIO Business Intelligence

At EXL, we recently launched a specialized Insurance Large Language Model (LLM) leveraging NVIDIA AI Enterprise to handle the nuances of insurance claims in the automobile, bodily injury, workers compensation, and general liability segments. These models are then integrated into workflows along with human-in-the-loop guardrails.

Insurance 290
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Announcing the Forrester Enterprise Architecture Awards Semi-Finalists For North America.

Forrester IT

Announcing the seven semi-finalists among those companies nominated for the prestigious Forrester Enterprise Architecture Award 2022 for North America! Without further ado, the semi-finalists are (in alphabetical order): Arch Insurance Group Inc. Blue Cross NC […].

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Marsh McLennan IT reorg lays foundation for gen AI

CIO Business Intelligence

One of the world’s largest risk advisors and insurance brokers launched a digital transformation five years ago to better enable its clients to navigate the political, social, and economic waves rising in the digital information age. But the CIO had several key objectives to meet before launching the transformation.

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Making your enterprise architecture framework work for you

CIO Business Intelligence

More organizations than ever have adopted some sort of enterprise architecture framework, which provides important rules and structure that connect technology and the business. The results of this company’s enterprise architecture journey are detailed in IDC PeerScape: Practices for Enterprise Architecture Frameworks (September 2024).

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AI in the Enterprise: 5 key findings of AI usage and threat trends

CIO Business Intelligence

Finance & Insurance and Manufacturing dominate AI adoption: The Finance & Insurance (28.4%) and Manufacturing (21.6%) sectors generated the most AI/ML traffic. Zscalers zero trust architecture delivers Zero Trust Everywheresecuring user, workload, and IoT/OT communicationsinfused with comprehensive AI capabilities.