Tag: Insurtech
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Investors Betting on AI and Machine Learning with Chips: A Market Map
Discover why investors are putting their money on AI and machine learning chips! Pitchbook's report shows a surge in VC deals worth $14.6B in Q4 2022.
ChatGPT use for underwriting raises concerns
Insurance companies warned about using ChatGPT for underwriting. The tool's reliance on good data makes it unreliable, according to Future Processing's Piotr Piekos. While companies can develop specialized tooling for ChatGPT, it's vital to invest in AI for customers' insurance journeys. This was discussed during a roundtable on the challenges of insurtech opportunities.
Exion Wins APPEALIE Award for Groundbreaking AI and Customer-Friendly SaaS Technology
Exdion Solutions, Inc., a trusted provider of AI-powered insurance software applications, is proud to have won the highly prestigious APPEALIE Award in the SaaS Customer Success category. This recognition celebrates their effort and the positive feedback from their partners. The APPEALIE SaaS Awards are the highest award in the SaaS arena and acknowledge Exdion's innovative platform, reducing operational costs and increasing accuracy. With the upcoming platform launch, brokers can process transactions up to three times faster. Has a 4.6 star rating on software review platforms.