GenAI-Driven Innovation in Insurance: Transforming the Industry Landscape

08.45 am to 10.15 am CT,
23 July 2024

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 1

Introduction of Speakers

Nitin Naveen, Vice president-Innovation Strategy, AICorespot

 

08:50 am
Aganda 6

GenAI: Pioneering the Next Wave of Insurance Innovation

Panel Discussion
– Vijay Gajwani, AVP – BFI at InfoVision (Moderator)
– Lighting speaker 2
– Lighting speaker 3
– Lighting speaker 4
– Lighting speaker 5

 

10:10 am
Aganda 1

Thank you note and conclusion of event

-by Nitin Naveen, Vice president-Innovation Strategy, AICorespot