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AI adoption in insurance accelerates, but ROI pressures loom: KPMG
[ad_1] What are the three phases of value? According to KPMG, the “enable” phase emphasizes building AI foundations by appointing responsible executives, creating AI strategies, identifying high-value use cases, increasing AI literacy, and ensuring regulatory alignment. This phase also involves launching AI pilots, utilizing cloud platforms, and leveraging pre-trained models with minimal customization. [ad_2] Source…

Ludovic Gros to lead Allianz Partners’ worldwide medical community
[ad_1] Cross-border collaboration to benefit from proven military coordination [ad_2] Source link

Leaders Life Insurance joins Truss Peak
[ad_1] Truss Peak specializes in reinsurance and acquisitions within the life insurance sector. The firm provides services such as asset management, operations, actuarial consulting, sales, and accounting to companies undergoing structural transitions. It is backed by South Summit Capital Management LLC, a private capital single-family office, and Thayer Street Partners, a New York-based investment firm. …

Illinois appellate court compels State Farm to honor appraisal clause in hail damage dispute
[ad_1] The case, Xiang Zhao v. State Farm Fire & Casualty Co., 2025 IL App (2d) 240723, began after a hailstorm struck Zhao’s home in Vernon Hills, Illinois, on April 20, 2023. Zhao filed a claim with State Farm, which responded by issuing a payment of $12,677.94 for repairs to gutters, downspouts, and window trim….

Why LIC’s Jeevan Utsav(Plan 871) is More Than Just Life Insurance
[ad_1] Description: ‘Sum Assured on Death’ plus accrued Guaranteed Additions, payable if the policy is in force. In LIC’s Jeevan Utsav Plan 871, the “Sum Assured on Death” is a crucial component of the death benefit. It’s essentially the guaranteed amount paid to the beneficiaries if the insured person passes away. This sum is the…

Fastest-growing Insurance Companies in the USA | Fast Brokerages
[ad_1] Jump to winners | Jump to methodology Speed demons Brokerages have two principal avenues for growth, but it is organic expansion that commands the industry’s focus. This, according to Sean O’Neill, head of the global insurance practice at Bain & Company, is the sector’s “holy grail” – a mark of sustainable success that firms are…