Artificial Intelligence is providing greater insight and intelligence about risks, enabling more accurate pricing and coverage, attendees to the InsurTech Hartford Symposium 2024 said.
AM Best's Manyem: Insurers Navigate Data Privacy, Regulation With Wearables Sridhar Manyem, senior director, AM Best, said other key issues with data from wearables include using it ethically and compliantly. Manyem spoke with AM Best TV at Insurtech Hartford Symposium 2024.
AM Best's Walker: AI Impacting the Delegated Underwriting Sector Dawn Walker, associate director, AM Best, said performance assessments for Delegated Underwriting Authority Enterprises (DUAEs) includes analyzing the impact of growth. Walker spoke with AM Best TV at the InsurTech Hartford Symposium 2024.
InsurTech Hartford's Brown: Event Moving from Local Gathering to Global Community Stacey Brown, president, InsurTech Hartford, said the focus at this year's symposium, where he spoke with AM Best TV, turned out to be artificial intelligence, parametric insurance and the Internet of Things.
Verisk's DiModugno: The Biggest Constraint on Analytics Is Data Quality Louis DiModugno, global chief data officer, Verisk, said getting source data, integrating it, verifying it, and working with partners to provide data remain are ongoing issues. DiModugno spoke with AM Best TV at the InsurTech Hartford Symposium 2024.
Roots Automation’s Perera: AI Poised to Help Fill the Insurance Talent Gap Chaz Perera, CEO, Roots Automation, said AI expected insurance industry job vacancies by automating administrative tasks, enabling the remaining talent to focus on customers and problem solving. Perera spoke with AM Best TV at the InsurTech Hartford Symposium 2024.
Nationwide's Nickoll: Embedded Insurance Links Insurers With Customer Journeys Rebecca Nickoll, associate vice president, Nationwide, said embedded insurance helps align the insurer, retail partner and consumer at their time of need. Nickoll spoke with AM Best TV at the InsurTech Hartford Symposium 2024.
Guy Carpenter's Bhatia: Insurers, Governments Collaborate on Climate Risk Kieran Bhatia, senior vice president, Guy Carpenter, said examples include a pilot study in New York City that speeds flood insurance payouts and a program in Alabama that rewards residents for mitigating wind damage. Bhatia spoke with AM Best TV at the InsurTech Hartford Symposium 2024.
RevUp's Buckley: Best Career Advice Is to 'Pause and Challenge Assumptions' Marissa Buckley, co-founder, RevUp, received a Making Waves Award, presented at the InsurTech Hartford Symposium, where she spoke with AM Best TV.
Benekiva's Shrivastav: Motherhood Led to Focus on Transforming Claims Bobbie Shrivastav, chief operating officer, Benekiva, said insurers need claims innovation due to manual processes, legacy technology and a changing workforce. Shrivastav spoke with AM Best TV at the InsurTech Hartford Symposium 2024.
BMS' Curry: Insurance Industry Poised for Slow but Steady AI Integration Josh Curry, managing director, BMS Group, said insurers' use of artificial intelligence is helping to prioritize risks, predict claims fraud and improve efficiency. Curry spoke with AM Best TV at the InsurTech Hartford Symposium 2024.
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