The upgraded workflow is powered by MAUDE, which Manulife originally launched in 2018 as Artificial Intelligence Decision Algorithm, or AIDA. Since then, the company has iterated the engine into a ...

The upgraded workflow is powered by MAUDE, which Manulife originally launched in 2018 as Artificial Intelligence Decision ...

Advanced algorithms ensure uniformity and precision in risk assessment, minimizing errors and ensuring faster policy issuance. Generative AI co-pilot solution for Underwriters, significantly reduces ...

The world of insurance underwriting has been a steady and unchanging force for over four centuries. It's a domain where risk assessment and pricing are deeply rooted in historical data, often locked ...

InsuranceNewsNet sat down with three top providers of insurance AI solutions to understand where AI developments are headed in the industry.

AI is transforming underwriting and helping to automate different aspects while improving the customer and agent experience.

Mass volumes of data have become available since the ELD mandate started in 2017. All-at-once or gradual? Companies' approach to AI adoption and integration depends on their needs. Some businesses use ...

The evolution of precision medicine has transformed the life science industry. The identification of biomarkers and genes associated with diseases has not only led to earlier disease detection, but ...

Sam Henry, CEO of WealthSmyth, a fast-growing AI platform transforming life and annuities distribution. 25 years in tech leadership. What if the benchmark for AI wasn’t beating humans at chess, ...

The $175B U.S. life insurance market stands at a critical inflection point: while 90% of policies are sold through financial advisors, these professionals navigate a fragmented ecosystem of over 10 ...

We have moved past the point where AI is the ‘next big thing' for the insurance industry. The shift from theoretical promise to practical deployment has already taken place; from underwriting and ...