Ajish Gopan

SAISON Automobile and Fire Insurance Co., Ltd. is leveraging Guidewire ClaimCenter as its new management system for insurance claims operations. The company implemented ClaimCenter on Guidewire Cloud for the personal auto insurance space. Capgemini #GuidewireClaimCenter #GuidewireCloud #insurance #innovation #insuranceinnovation #insurtech #insurancetechnology #nonlifeinsurance #pandcinsurance #propertyandcasualtyinsurance #claims #claimsmanagement #claimstech #cloudcomputing

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In this CXOtoday article, Mohammed Anzy S, Vice President of Engineering and Managing Director of Guidewire India, highlights how the insurance industry is leveraging data to drive digital transformation. With the integration of artificial intelligence and predictive and prescriptive analytics, insurers can optimize decision-making, enhance customer satisfaction, and identify new growth opportunities. #insurance #innovation #insurtech #ai #analytics #software #developer #engineering

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InsurTalk Minute #4 - Vandana Sule from EY provides a quick synopsis on what carriers are looking to do over the next 3-5 years. Guidewire Software #guidewireconnections

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MEMIC selected Guidewire PolicyCenter and Guidewire BillingCenter on Guidewire Cloud as its new policy administration, underwriting, and billing management systems for business growth. #GuidewireCloud #insurance #innovation #insuranceinnovation #insurtech #insurancetechnology #propertyandcasualtyinsurance #businessgrowth

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Interesting to note that the headline factoid below coincided with #bfm's interview with #etiqa CEO. ❌ when an #EV gets into an accident, tends to result in a total loss. This is due to high cost of repairs. ✅ However there's 2 segment of users (from the interview), the go #green types who tends to be careful drivers ❌ the ones that bought an EV to experience supercar power and high acceleration without the price. ✅etiqa commands 60% of the EV car insurance, not surprising. I'm an Etiqa customer myself cause of their awesome #pricing and #digital experience ❌ the question is the tipping point of more dangerous drivers racking up claims and eventually the need to raise premiums. ✅ key though, per the news snippet is making money from salvaging parts. Looks like a business opportunity!

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Here's another sketch board from the Cognizant Insurance Summit. This one summarizes a session I moderated, "The Inspired Insurer." Are we, as an industry, ready to pursue the culture change that will drive Exponential Advantage? Let me know in the comments! Sarat Varanasi Cognizant Amazon Web Services (AWS) Google Microsoft SalesforceServiceNow

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🚀𝐔𝐧𝐥𝐨𝐜𝐤𝐢𝐧𝐠 𝐭𝐡𝐞 𝐅𝐮𝐭𝐮𝐫𝐞 𝐨𝐟 𝐈𝐧𝐬𝐮𝐫𝐚𝐧𝐜𝐞 𝐰𝐢𝐭𝐡 𝐃𝐚𝐭𝐚 & 𝐀𝐈! 🚀 🎙️ In our latest podcast, Venura Perera, Director of Innovation and Development Allianz, shares fascinating insights on: 🔮 𝐏𝐫𝐞𝐝𝐢𝐜𝐭𝐢𝐯𝐞 𝐀𝐧𝐚𝐥𝐲𝐭𝐢𝐜𝐬: How Allianz uses data to predict risks and improve customer experience. 🚗 𝐓𝐞𝐥𝐞𝐦𝐚𝐭𝐢𝐜𝐬: The role of connected vehicle data in transforming auto insurance. ⌚𝐖𝐞𝐚𝐫𝐚𝐛𝐥𝐞 𝐓𝐞𝐜𝐡: Utilizing health data from wearables to create personalized insurance plans. 🤖 𝐀𝐈 & 𝐌𝐋:The impact of artificial intelligence and machine learning on underwriting and claims processes. #DataScience #AI #Insurance #Innovation #DigitalTransformation #Podcast

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The development of AI is seen globally as the next driving force for economic growth and productivity. In India, GenAI alone could potentially add between US$359 billion and US$438 billion to the GDP by 2030.The government should consider implementing strategies, such as creating institutional capacity for overseeing AI development, facilitating data access, and promoting digital infrastructure and computing power. #ResponsibleAI #AIRegulation

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It was delightful chatting with you Lisa Wardlaw . Thank you for having me on the 🎤 mic, and I hope our conversation proves 📚 insightful and beneficial to your audience. The industry is poised for a significant 🤳 technological shift, prompting carriers to focus on improving customer experience and leveraging AI. As 💸 business environments ⏩ rapidly evolve, competition and risk within the insurance sector are intensifying. Despite insurers prioritizing digital transformation for years, consumers still seek 🌐 digital services, interfaces, and experiences comparable to those provided by non-insurers.   The newfound agility, flexibility, and access to external capabilities enabled by Digital and AI will empower us to surge ahead in the race for transformation.   💡 Enriched omnichannel Customer, Employee and Partner experiences   🎲 Frictionless underwriting with ESG insights   ⚖ Seamless AI enabled claims.   👨‍💻 Customer engagement and digital distribution    As AI technology progresses, insurers are poised to gain enhanced capabilities. These advancements have the potential to greatly enhance the industry's vision and mission. #InsuranceUnplugged #AIinInsurance #DigitalTransformation #CX #InsurTech #Podcast #Innovation #insurance #AI #Data Lisa Wardlaw Bobbie Shrivastav, MBA, PMP, PMI-ACP, CSM Charlotte Creech Roisin Levine Theodora Lau Efi Pylarinou Monica Millares 🎙️ Brian Luciani Jake Cammack FinTech Magazine Juan Garzón Vasudevan Veeraraghavan Alex Johnson Alex Jimenez Samantha Paxson

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The advent of Gen AI has made several things possible. One of this is #explainableAI. Insurance companies have always used data to create predictive models. These predictive models assist in decision making based on historical data. Gen AI has made it possible to take these predictions and explain the reasoning behind these predictions as indicated by data. #Autonomousinsights powered by supporting narratives is a powerful tool in the hands of decision makers in insurance companies such as #Underwriters. Want to see explainable AI powering autonomous insights in a Underwriting value chain, stay tuned to our #AISmartUnderwriter

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I am thrilled to share the latest insights from the Capgemini Research Institute’s World Life Insurance Report 2025: https://lnkd.in/daTKtHTD   The life insurance industry is undergoing a significant shift, moving from a "must-have" to a "maybe" proposition. To succeed, insurers must focus on engaging the next generation of policyholders and shift from a product-driven mindset to placing the customer at the center of our strategies.   It's time to shake off the old belief that life insurance is just 'death insurance.'   In this year’s report, we dive deep into how a select group of best-in-class insurers are already seeing the benefits of customer centric transformation. These companies are leading the way, with a 38% higher NPS®, 11% lower expense ratio, and 6% higher revenue growth by integrating AI-augmented, human-touch service into their core operations. Meanwhile, too many insurers remain bogged down by outdated tech and missed investment returns. I truly believe the path forward is clear—we need to embrace a customer-first approach, learning from the leaders who have already shown what’s possible when we put the customer at the heart of our strategies.   It’s not just about better products; it’s about creating a seamless, engaging experience at every step of the journey. The future of life insurance depends on how well we adapt to meet the needs of the next generation.   #WLIR25 #LifeInsurance #GenAI Dustin Yoder Lisa Wardlaw Chad Hersh

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Discover the latest article by InsuranceNewsNet on the launch of EXL's Insurance LLM, an AI model specifically designed for the insurance industry. In collaboration with NVIDIA, this innovative solution improves efficiency, accuracy, and fraud detection. It tackles the unique challenges of insurance operations and boasts 30% greater accuracy than models like OpenAI's GPT-4. Click the link to learn more! #EXL #InsuranceTech #AI

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In the ever-evolving insurance landscape, carriers are embracing Gen AI to enhance their operations. However, the successful scaling of Gen AI relies on robust governance frameworks that address critical risks like data privacy, bias, and transparency. How can insurers responsibly scale Gen AI? Jaspaul Saini, Principal Analyst on Celent's Insurance team, explores this in his article for Digital Insurance: https://lnkd.in/eb-UTWVh #insurance #AI #governance

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It was a great pleasure to chair the panel and discuss future AI trends in insurance at #machinecon2024

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Confusion over insurance coverage terms is common among policyholders. By leveraging large language models, insurers can ensure clarity and transparency, reducing disputes over claims and enhancing customer satisfaction. https://lnkd.in/gkdgiNX5

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As insurers get more comfortable with Gen AI, governing it responsibly becomes a higher priority as they work to move it from a test project to a production ready, scalable implementation. Check out our latest report by Jaspaul Saini https://lnkd.in/gbv9pVYc

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My colleagues Aaditya Jain, Rugved Sawant, and I analyze Guidewire's latest release, #Kufri and share our takeaways for insurance enterprises and consulting/SI ecosystem partners. Guidewire Software has made significant strides in their global expansion, while moving the needle on their efficiency and data strategy playbook. Read on to learn more about Kufri and how it is set to enhance the competitive edge of insurers worldwide. https://okt.to/QclP5p #InsuranceTech #AIinInsurance #digitalinsurance

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