ChatGPT: AI’s potential in the insurance sector
In recent years, the insurance industry has undergone significant changes driven by technology. The incorporation of AI tools has enabled the creation of highly personalised services, improving customer satisfaction and reducing premium leakage for insurance companies. It is at this juncture that AI platforms such as ChatGPT are making inroads into the insurance industry. A […]
Customer-Centric Insurance for SME: using new tech in a traditional industry
From sales to claims to servicing, every interaction with policyholders is an opportunity to build trust and loyalty. Unfortunately, many insurers struggle to create a truly customer-centric experience for SMEs clients. In this article, we’ll explore how new technologies can help insurers overcome these challenges and deliver the kind of personalized, efficient service that SMEs […]
4 Challenges for the 2023 Insurance Professional
According to industry analysts, global insurance premiums will grow 2.2% in 2023. At the same time, new technologies such as AI, the changing consumer preferences, and emerging risks create new challenges, and insurance professionals should be ready for them. In this blog post, we’ll explore 4 challenges insurance professionals on commercial lines will face this […]
Trends in commercial insurance for 2023: AI, InsurTech and more
The current economic climate will mark the trends for 2023. As SMEs navigate new challenges, insurance plays a critical role in helping them to keep operating successfully: from protecting against potential losses to managing risks and complying with regulations. Today, we will look at these 4 trends for 2023 and how they will shape how […]
How AI helps you know your Commercial Lines Clients better
We live in a fast-changing world. AI is becoming more relevant, particularly, 50% of insurance claims are estimated to become automated with AI by 2025. The reason is simple: clients have new needs, and we need to understand what they want to keep them as customers. With that in mind, today, we are explaining to […]
The role of AI in commercial insurance
One of the definitions of Artificial Intelligence provided by Forbes is “A branch of computer science dealing with the simulation of intelligent behavior in computers.” We believe that the combination of AI with commercial underwriting models can get incredible results, that is why today we would like to talk about the role of AI in Commercial Insurance. New […]
Overview on H2020 Infinitech workshop on IoT, BigData and AI for Insurance Services
Last Wednesday and Friday, it took place the workshop organized by H2020 Infinitech in which stakeholders of this project presented their companies and, among them, our CEO Carlos Albo and our COO Roger Ferrandis were there. They represented Wenalyze inside of the session “AI powered risk assessment based on real world data gathered from users”. […]
H2020 Infinitech Stakeholders’ Workshop Series
IoT, BigData and AI for Insurance Services Carlos Albo, CEO, and Roger Ferrandis, COO, of Wenalyze will be participating in different panels at the Infinitech H2020 Infinitech Stakeholders’ Workshop Series. On March 24th, 3 different sessions will be held online on Artificial Intelligence and Big Data analytics applied to personalised, Usage Based and Configurable […]
