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How Can Regional Insurance Carriers Harness the Power of AI?

Perficient Digital Transformation

One such industry that will be forced to utilize AI solutions to gain a competitive advantage is the regional insurance carrier industry. By harnessing the power of AI, regional insurance carriers can streamline their operations, enhance customer experience, and make more informed decisions.

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Transformation Imperatives for Wholesalers and MGAs in Insurance: Exploring Opportunities to Unlock the Next Growth Phase | Blog

Everest Group

Managing General Agents (MGAs) and wholesalers are becoming increasingly relevant in the insurance ecosystem due to the unique advantages they have over brokers/agents. As insurance intermediaries that represent carriers, MGAs provide insurance products to retail agencies and insureds. Read on to learn more.

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How Insurance Companies Can Benefit from Offshoring Services

AS White Global

In recent years, insurers have relied on outsourcing insurance services to give them a significant edge in this highly competitive industry. Insurance companies have had to adapt to changes in regulations and to their customers’ evolving needs in response to the pandemic situation. Optimising operations for maximum efficiency.

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The 4 Ways Insurance Companies are Benefiting from Offshoring Services

AS White Global

In recent years, insurers have relied on outsourcing insurance services to give them a significant edge in this highly competitive industry. Insurance companies have had to adapt to changes in regulations and to their customers’ evolving needs in response to the pandemic situation. Optimising operations for maximum efficiency.

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The Battle Unfolds: MGAs as the Next Frontier for InsurTechs, Services, and Technology Providers

Everest Group

The Managing General Agent (MGA) sector is a bright spot in a turbulent insurance market. Technology investments and strategic partnerships will be key to redefining risk and driving innovation for these specialized insurance agents/brokers. The data provides a compelling sense that MGAs have a bright future ahead.

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Navigating the Landscape: The Cost and Benefits of Generative AI Implementation | Blog

Everest Group

Gen AI has recently gained considerable attention in the banking, financial services, and insurance (BFSI) industry. Implementing gen AI can improve the velocity of change, increasing the overall efficiency of existing tasks. Many use cases that go beyond creating or summarizing content are being explored throughout the value chain.

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Conversational AI use cases for enterprises

IBM Services

These technologies enable systems to interact, learn from interactions, adapt and become more efficient. In human resources (HR), the technology efficiently handles routine inquiries and engages in conversation. Conversational AI is also making significant strides in other industries such as education, insurance and travel.