Property/Casualty executives are receiving a heavy flow of promises regarding AI’s potential. The real question is: how can AI deliver measurable value when applied to a company’s core business needs? As one insurance industry leader recently put it, “The time for technology tinkering (with AI) is over.”

On November 12^th Andersen Consulting will lead a webinar hosted by industry standard setter ACORD. 

We will present practical examples of how insurers are using AI to improve underwriting profitability, strengthen customer experience, and reduce operating costs.

Rather than talk about possibilities, we’ll share demonstrations of solutions that are delivering true business impact.

Next, we will present WISPR, which is an Andersen Consulting-authored, AI-enabled solution that has re-designed every process for insurance platform implementation. From business requirements to story creation, UI design, interface code generation, testing and production support, all have been addressed to deliver a completed program with lower risk, and at a cost and timeframe that is 20-30% less to complete.

Finally, we will discuss Andersen Consulting’s intangible asset services that are used to identify the hidden value in the technology spend by insurance companies. These technology costs are typically expensed off the balance sheet. But smart people doing smart things deliver new data, software, inventions, designs, processes, etc. which have real value. We will present insurance company case studies where, using our proprietary models, the technology expense resulted in the identification of a 2x-3x realized value.

Attendees will leave with a clear view of what’s working today, what’s achievable, and how to think differently about AI’s role as a business-enabler in insurance.

Register Here