Articles
Kevin Elliott
2024-12-12
How Insurance Document Generation Benefits Claims Teams
Adjusters spend excess time managing claims instead of supporting claimants. Learn what AI document generation is to improve efficiency and customer service.
Articles
Amir Mosavat
2024-10-07
Becoming an AI-Powered Insurer and Empowering Claims Processes with AI
Discover how AI-powered solutions are transforming claims process in the insurance industry, driving efficiency, scalability, and innovation through strategic collaboration.
Articles
Amir Mosavat
2024-09-16
Future-Proofing AI: Understanding Current and Emerging Regulations
Part 4 of a series on AI compliance in insurance. Explores how insurers can ensure AI compliance with current and emerging regulations, like GDPR and the EU’s AI Act.
Articles
Amir Mosavat
2024-09-09
Global Milestone: US, UK, and EU Sign the World’s First International AI Treaty
On September 5, 2024, the US, UK, and EU signed a landmark international AI treaty, promoting global AI governance, protecting human rights, and ensuring transparency.
Articles
Amir Mosavat
2024-08-22
AI By the Rules: A playbook for Embedding Compliance in Insurance
Part 3 of a series on AI compliance in insurance: This guide delineates six key steps for embedding compliance in AI, emphasizing practical implementation strategies.
Articles
Amir Mosavat
2024-08-09
Introducing (VET AI) Act
introduction the "Validation and Evaluation for Trustworthy Artificial Intelligence (VET AI) Act" by U.S. Senators John Hickenlooper and Shelley Moore Capito represents
Articles
Amir Mosavat
2024-08-02
The Compliance Compass: Mastering AI Compliance Benchmarks in Insurance
Part 2 of a series on AI Compliance in Insurance. To ensure AI aligns with industry standards, it's crucial to benchmark its compliance effectively. This article explores how to measure AI's adherence to regulations and ethical guidelines.
Articles
Amir Mosavat
2024-07-15
The Emerging Dilemma: Identifying the Compliance Risks in AI for Insurance
Part 1 of Compliant AI Playbook for Insurers. As AI grows in the insurance industry, it brings significant risks like privacy issues, bias, and harmful recommendations. This article highlights these key compliance challenges, laying the groundwork for exploring solutions in upcoming parts.
Articles
Steve Mahind
2024-06-26
Effectively Managing Worker Compensation Claims Across Multiple States
Explore best practices for navigating state-specific regulations in worker compensation claims. Learn how to collaborate with legal experts, invest in the right AI, and foster a culture of compliance to enhance claims management and ensure adherence to laws.
Articles
Steve Mahind
2024-06-18
Fair AI in Insurance: Insights from Colorado's Bold Move
AI risks perpetuating biases in insurance. Colorado's regulation requires insurers to ensure fair AI, conducting annual reviews and maintaining transparency. Insurers must audit data, test algorithms, and document processes. Tech providers help meet compliance and prevent discrimination.
Articles
Shams Albayati
2024-05-03
Navigating the Perception of AI Among Teams
A leaders' guide to introducing AI to teams thoughtfully and with care, to mitigate any intimidation or fear of job security.
Articles
Alexey Zhigaltsov
2024-04-18
Data Privacy and Security in Vendor Relations
How the insurance industry can navigate data privacy and security challenges in third-party claims management, in the US and Canada
Articles
Steve Mahind
2024-04-11
Understanding the Implications of the Georgia House Bill on Using AI in Insurance Decisions
Georgia House Bill 887 aims to protect against bias in AI tools. Predictive analytics can lead to discrimination and perpetuate inequalities. Individualized analytics, like Owl.co, provide fair and accurate insights for insurance claims.
Articles
Jennifer Queen
2024-03-28
The Costly Impact of Outdated Technology on Insurance Claim Payers
Outdated technology in insurance claims management causes inefficiencies, delays, and human errors. Claims automation tools can improve efficiency, reduce costs, and increase customer satisfaction.
Articles
Charles Tsang
2024-03-22
Identifying Fraud in Insurance Claims: Leveraging ML and AI for a Fair and Sustainable Insurance Ecosystem
Discover how ML and AI are transforming insurance fraud detection. Owl.co leverages these technologies to analyze data, automate investigations, and enhance accuracy. Improve efficiency, reduce costs, and provide a better customer experience.
Articles
Steve Mahind
2024-03-22
Reinvention in the Age of Generative AI: Implications for the Insurance Claims Industry
Discover how generative AI is revolutionizing the insurance claims industry, enhancing efficiency, improving decision-making, and streamlining operations. Embrace the power of AI for a competitive edge in claims management.
Articles
Steve Mahind
2024-03-15
Using AI for Efficient Insurance Claims Management and Decision-Making
Explore how AI is transforming insurance claims adjustments, improving efficiency, accuracy, and customer experience. Discover the benefits and future outlook of AI in this domain.