Breaking News
Future Predictions for AI in the Insurance Industry
In this video Yannick Even, the head of digital and smart analytics in APAC, for Swiss RE shares some of his predictions for how AI will be used in the insurance industry from now on.
Firstly he was able to give us an overview of how deep learning technology is already helping insurers automate and digitise certain processes in order to create a cost effective service.
The advancement of car technology has not only reduced the risk to the driver but has also provided a vast swathe of data that can help provide meaningful customer insight and be integrated into the insurance pricing model.
“The risk model is a bit less about how you drive (although still there) and more about integrating security data in the car that reduces accident risk.”
This is currently scaling and being deployed in retail and fleet management. As for the long term effect of AI he touched on ways in which Generative AI may have more of an impact. In fact, despite its recent popularity, they’ve been looking at it for a while.
The main question is how do companies upskill their employees and professionals to properly use this technology to their advantage. The rise of Deepfake technology also presents a number of concerning challenges for insurers both in terms of insuring people against fraud and also tightening the barriers to fraud in the insurance process.
People In This Post
Companies In This Post
- Bluefin and Basis Theory Partner to Enable Unified Tokenization Across Digital and In-Person Payments Read more
- Invest Bank and AUTON8 Build Partnership to Drive Digital Resilience and Banking Agility Read more
- ING’s AI Roadmap: Platform, People, and Agentic AI Read more
- UK-fintech Provided Over £17.5m in Emergency Wage Advances to More Than 55,000 Employees in the Last Year Read more
- TreviPay Announces AI-Powered Growth Center to Help Enterprises Predict Buyer Behavior and Drive B2B Sales Read more
ING’s AI Roadmap: Platform, People, and Agentic AI
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
How Google Supports Fintech Builders
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
What Makes Finovate Special?
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
ING’s AI Focus: Faster Mortgage Decisions and Smarter Voice Support
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Volante Technologies: Payments Must Fit the Bigger Bank
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
When Will Your Job Be Automated?
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Google’s Take on the Future of Fintech: Beyond Neobanks and BNPL
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Bluefin and Basis Theory Partner to Enable Unified Tokenization Across Digital and In-Person Payments
Bluefin, the global leader in payment and data security infrastructure and PCI-validated point-to-point encryption (P2PE), today announced a strategic partnership with Basis Theory, a modern, API-driven tokenization and vaulting platform. Together, the companies enable enterprises to implement a unified token strategy across in-store, call center, online, and backend payment environments without expanding PCI scope or introducing new integration complexity.
Invest Bank and AUTON8 Build Partnership to Drive Digital Resilience and Banking Agility
Invest Bank today announced the successful outcomes of its strategic partnership with AUTON8, a global leader in intelligent automation. The collaboration marks a milestone in strengthening regulatory resilience, operational efficiency, and customer-centric agility across both core and digital banking landscapes.
ING’s AI Roadmap: Platform, People, and Agentic AI
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
UK-fintech Provided Over £17.5m in Emergency Wage Advances to More Than 55,000 Employees in the Last Year
PayCaptain, the world’s first B Corp-certified payroll solution, reports a landmark year of growth, with a 73% increase in new customers for 2025 and an average of 70% YoY revenue growth in the last two years. As the cost-of-living crisis deepens, PayCaptain has provided financial agility for 55,000 employees across 260 forward-thinking brands including TGI Fridays, Dishoom, Roadchef, NEOM, Charlie Bigham’s and Monica Vinader dedicated to combining efficient payroll with tools to support the financial health of staff.
TreviPay Announces AI-Powered Growth Center to Help Enterprises Predict Buyer Behavior and Drive B2B Sales
TreviPay, a fully managed B2B payments platform, today announced the availability of the Growth Center, a set of capabilities within the TreviPay Client Portal to help identify buyer growth opportunities more strategically and build stronger, longer-lasting supplier relationships. With its advanced features, the new Growth Center enables businesses to explore buyer needs, spot trends and optimize key steps in the order-to-cash (O2C) process. Integrated into TreviPay’s global payments network, the customizable add-ons will help businesses use their O2C programs to deepen buyer relationships and drive lasting engagement.
AYU Alternative Investment Network Launches Direct Capital Matching Service
AYU, the global private members' community for family offices and alternative investment funds, is launching AYU Capital, a matching service connecting funds and founders with verified family office investors.
Chubb Appoints Scott Henck Global Chief Actuary
Chubb announced that Scott Henck, Executive Vice President and Chief Actuary, North America, has been appointed Senior Vice President, Chubb Group and Chief Actuary