EBM Insurance & Risk

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AI in BFSI - Readiness, Risk and Rewards

AI is transforming BFSI with enhanced efficiency, risk assessment, and financial inclusion. However, managing bias, security, and regulations is crucial. A balanced approach with automation and human oversight will shape AI's future.

Riskonnect adds new AI features in Healthcare Risk & Patient Safety solution

The Adverse Event Severity Prediction feature assists in triaging investigations by predicting the severity of events.

Revolutionizing Insurance: AI, ML, and Big Data Transform the Industry

Girish Poojar highlights the immense potential of AI and data-driven innovations in reshaping the insurance industry

Best's Commentary: AI Model DeepSeek Could Improve Operating Efficiency Among China's Insurers, Albeit with Risks

The use of the artificial intelligence model DeepSeek among mainland China insurance companies has the potential to help small to medium-sized carriers improve operational efficiencies. Overall, according to its new commentary,

EY AI Agentic Platform, Developed with NVIDIA AI, to Enable Transformation in Tax, Risk, Finance Sectors

EY Responsible AI (RAI) Frameworks - Responsibility, veracity, transparency, and reliability is at the core of the EY.ai Agentic Platform, which will leverage NVIDIA NeMo Guardrails and EY SafePrompt software to more effectively mitigate AI risk at the agent level.

Kennedys IQ Launches 'Neuro-Symbolic AI' Tool For Insurance Work

The legal tech group connected to UK-based law firm Kennedys has launched what it's calling the 'first fully explainable neuro-symbolic AI risk analysis solution'. It's called Kennedys

Cybersecurity 5month
AI-powered parametric insurer Mythen launches in Bermuda and Texas

A new artificial intelligence-driven parametric insurer has launched in Bermuda and Texas, aiming to transform how natural catastrophe risks are underwritten and managed. Mythen, founded by

Blockchain 5month
The changing climate of parametric insurance

Parametric insurance products can help to address the increasing protection gap arising in respect of climate-related physical risk. As AI