Spending on AI has increased almost exponentially over the past couple of years. And no wonder. There are almost countless applications of both machine learning and natural language processing within insurance and this is no less true in underwriting. The right use of ML means that applications can be processed at a moment’s notice while NLP can allow applicants to communicate with a bot to help underwriters make a quicker assessment. Implementing both can be a challenge but, done right, this supercharge underwriting productivity with your teams able to spend their time making better, more accurate decisions with quicker responses for customers. In this session, we’ll be doing a deep dive into the tools, tech and their applications to show you how to integrate them into your business and how this can yield extraordinary benefits for your business.
Agenda
Why do insurers need to implement AI into the underwriting process?
What benefits does this have to insurers?
How should insurers approach the implementation journey?
Mr. Eijsink is since 2017 CEO of NN Life Japan, a company specialized in life insurance for SMEs. In these years, he introduced many new technologies in the company’s processes and he made NN the first financial services company in Japan to...
Chang joined Plug and Play in 2018 after a career in a major Japanese life insurer through work experience in investment investigation, cross-border M&A and profit management. Chang is supporting both Insurtech startups growth and insurers...
Chandra Reddy is Head of Japan for RGAX Asia, the
transformation engine of the Reinsurance Group of America,
Incorporated (RGA). Focused on a digital future, Chandra
works closely with customers, insurtechs, and partners to
define and develop...
Arun is an APAC Advisor for Insurtech Insights helping bring together key representatives from the Insurance and technology space to address pertinent issues facing the business world.
Arun is based in Hong Kong and has over 20 years of...
Insurtech Insights is a global ecosystem aiming to connect industry leaders and decision makers with innovative startups who are challenging the insurance market, in order to create mutual business opportunities and accelerate growth.