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I'm on my way to Insurtech Insights, where I'll be speaking on how to drive business value from core functions such as actuarial. Before the conference, Lauren Finnis and I had the pleasure of meeting with Joanna England. We shared our thoughts on the challenges facing the P&C industry, how technology can help, and how the world of AI and analytics is changing insurance. Check out the article here: https://lnkd.in/ghr2S9Uq #wtw #insurtech

Our President and COO Belen Tokarski will speak at the AltaWorld Conference tomorrow, June 12. She'll be on a panel discussion unpacking how #AI and automation are changing the insurance industry, spotlighting the latest trends in distribution, policy, and underwriting. Learn more: https://lnkd.in/dARATqqa #Insurtech #ITICChicago2024 #Conference2024 #DigitalTransformation

We are excited to welcome Planck to #TeamApplied 🤝 This acquisition brings Planck, a #insurance industry leader in #ArtificialIntelligence, together with our leading global portfolio of insurance software and services Learn more here ⬇ https://lnkd.in/eHXDGiET #AI #Data #InsuranceIndustry

Applied Systems Acquires AI Pioneer Planck: A Strategic Move with Cross-Industry Lessons In an industry-defining move, Applied Systems has acquired AI powerhouse Planck, heralding a new era for insurance technology. This acquisition is poised to significantly enhance Applied's AI capabilities and accelerate the modernization of insurance processes. Implications for the Insurance Industry: With Applied Systems at the helm, the integration of Planck's AI technology will streamline and improve key insurance processes such as marketing, sales, underwriting, renewals, and client services. This is set to deliver unprecedented efficiency and growth opportunities for agencies, carriers, and clients alike. Takeaways for All Sectors: Prioritize AI Integration: The forward-thinking approach of Applied Systems in acquiring AI capabilities sets a benchmark for all industries. Embracing AI can lead to significant operational advancements. Leverage Real-Time Data: Planck's success in utilizing real-time data for accurate risk assessment is a strategy that can be mirrored across various sectors. Access to instant data can lead to better decisions and risk management. Engage in Strategic Partnerships: The strategic acquisition of Planck by Applied Systems underscores the importance of mergers and partnerships in acquiring new technologies and skills, essential for staying ahead of the competition. Invest in Expertise: The emphasis on a skilled team of AI and data science professionals by Applied Systems is a testament to the role of specialized expertise in fostering innovation and technological implementation. Focus on Long-Term Goals: The long-term investment perspective of Applied Systems, supported by Hellman & Friedman, exemplifies the significance of having a long-range vision for sustainable growth and industry leadership. Applied Systems' acquisition of Planck is not just a transformative step for their own trajectory but also a valuable case study for businesses in all sectors striving to lead through innovation and strategic growth. #TechAcquisition #MergersAndAcquisitions #AIRevolution #DigitalTransformation #InsuranceTech #DataDriven #AppliedSystems #Planck #Innovation

That's a wrap! Thanks to everyone for attending our April Lunch Meeting on "AI in Insurance and Claims." A big thank you to our host Joe Monico & expert presenters, Walter Viteri, CRIS , Eric Woodling, and Ashish Savani, for their deep insights into how AI enhances broker operations, carrier renewals, and new placements. We also delved into AI's role in claims, predictive analytics, and decision-making within the insurance sector. Great discussions and invaluable takeaways from this session! #AIinInsurance #InsuranceClaims #PredictiveAnalytics #RIMS

Learn why Progressive Insurance reached out to Claritas to see if our #GenerativeAI (#GenAI) algorithms and models could learn patterns from their existing #data and then generate new combinations that would better drive a lift in campaign performance. Read Full #CaseStudy here: https://lnkd.in/dqTD5TKx

Ascot’s Xu Cheng, Head of Business Intelligence & Insights, will be sharing her expertise on how to drive user adoption of AI in the data analytics journey at InsurTech NY Spring Conference 2024. The panel topics include how to empower users to embrace AI in insurance analytics and how to govern AI to ensure quality and accuracy. If you are attending InsurTech 2024, make sure to listen to the panel at 1:25 PM EST on March 20th. #InsurTechSpring

Discover the future of insurance alongside industry experts from the US and UK as we uncover the newest advancements in insurance innovation. https://lnkd.in/eJEsBw2a   Led by Kennedys Partner, John Gilfillan, our distinguished panel includes Kennedys Partner, Richard West, Corporate Affairs Director, Deborah Newberry, and Chief Products Officer at Kennedys IQ, Karim Derrick, along with Grace Hanson, Advisor at Verisk Advisory Board, John Binder, President at Crum & Forster, Paul A. Ziska, Vice President at Champlain Insurance Group, and George Calhoun, Managing Director of CRAFT (Center for Research toward Advancing Financial Technologies).   Topics will include: · Exploring the role of disruptive technologies in today's global business landscape · Examining the influence of emerging technologies such as AI on the insurance sector: gradual evolution or transformative revolution? · Predicting forthcoming shifts propelled by innovation, AI applications, and technological advancements in the insurance industry.   Join us for a deep dive into Innovation in Focus: US, on Monday, March 25.   #InnovationFocus #InsuranceIndustry #AI #FosteringInnovation

One of the biggest topics in insurance AI!

In the last few weeks and on the topic of #innovation we've hosted from insurers in Paris, liability lawyers from across the world and on Monday we get the US insurance perspective! Register now to hear from our incredible panel! Richard W. Grace Hanson Deborah Newberry Paul A. Ziska #innovation #insurtech #stoptalkingstartdoing