Policy Issuance
Gen AI streamlines policy issuance by reducing manual interventions and operational costs while enhancing customer experience.
Globalized Policy Management
GenAI enables insurers to offer tailored global policies, considering individual needs and local regulations.
Improved customer experience and engagement
GenAI analyzes customer data to deliver personalized product recommendations, fostering stronger relationships and loyalty.
Enhanced fraud detection and protection
Significantly greater understanding of risk factors with gen AI algorithms
Myriad possibilities for innovation
Gen AI algorithms create novel outputs autonomously.
Personalized policies, products, and policies
Enable insurance firms to offer personalized policies with tailored coverage, pricing, and deductibles to meet individual customer needs.
85% of insurance executives believe that GenAI will significantly impact their business within the next three years.
Generative AI-enabled chatbots have reduced customer service response times by up to 50% in the insurance industry.
Automate document verification
Tailored policy options instantaneously
Innovative product offerings
Flexible and adaptive coverage policies
Risk assessment
Digitized processes
Higher customer satisfaction
Concept Partners & Sponsors
Knowledge & Innovation Partner
Technology Partner
Agenda
23 July 2024 (08.45 am to 10.15 am CT)
| 08:45 am | Aganda 1Introduction of SpeakersNitin Naveen, Vice president-Innovation Strategy, AICorespot
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| 08:50 am | Aganda 6GenAI: Pioneering the Next Wave of Insurance InnovationPanel Discussion– Vijay Gajwani, AVP – BFI at InfoVision (Moderator)– Ron Ozminkowski, Senior Vice President, Commercial Analytics, Aon– Mark Rieder, Head of Innovation, NFP– Dr. Lovedeep Saini, Chief Analytics Officer, Conner Strong & Buckelew |
| 10:10 am | Aganda 1Thank you note and conclusion of event-by Nitin Naveen, Vice president-Innovation Strategy, AICorespot
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