LTIMindtree’s Post

When you're the first one up, there is a simple strategy on how to win tic tac toe: put your 'X' in any corner. Well, Insurance underwriting landscape isn't that simple. Every submission, segment, product, and market demands a carefully crafted strategy. Join us at #ILF2024 in #AITechFair for an interesting Immersion session on Powering Underwriting Strategies with ServiceNow. #Insurance #Underwriting #Strategy

A huge thank you to our Platinum Sponsor ServiceNow, for their generous support of LTIMindtree's 2024 Insurance Leadership Forum! Your partnership plays a key role in driving innovation and leadership in the insurance industry. At this year’s forum, we're not just shaping the future of insurance—we're powering it with the incredible potential of AI. The synergy between our businesses and the cutting-edge solutions we’re co-creating will transform the way we operate, pushing the boundaries of what’s possible. Hold on tight, because with AI, the future of insurance isn’t just bright—it’s limitless! #ILF2024 #InsuranceInnovation #ServiceNow #AI #InsurTech #FutureOfInsurance

AI is rewriting the rules of insurance… Discover the revolution unfolding at InsureTech Connect! 🤖 Our research team has developed a powerful dashboard to track the companies attending the upcoming event in Las Vegas. Can you guess the common pattern among the fastest-growing* companies that will be attending the event? - Orby AI offers Generative Process Automation with an AI foundation model for enterprise workflow automation - Reserv provides innovative AI-driven claims management solutions tailored for Managing General Agents (MGAs) and carriers within the Property and Casualty (P&C) insurance sector - Indemn offers an AI-powered Agent Copilot for insurance sales and service, providing generative AI-based conversation agents that deliver immediate answers to customer inquiries Discover our exclusive dashboard and company list for the event to unlock valuable insights! Check out the link below 👇 *based on headcount growth over the last six months #ITCVegas #ITC2024 #Insurtech

Transforming Insurance: The OpenBots Way to Future-Proof Your Business The Common Ground: It's not just the 'old school' way; it's the current reality of many in the insurance industry. Key areas like underwriting, claims, and policy administration are often entrenched in manual methods. Spotting Opportunities for Change: Our initial conversations with clients often reveal these manual processes as potential areas for transformation. It's about guiding you towards a more efficient, automated future. OpenBots' Vision for Your Firm: We see the manual tasks you handle daily and recognize the immense potential for automation. Our approach isn't just about automation; it's about future-proofing your business, ensuring you're not just keeping up but leading the way. Ready to step into a future where efficiency is the norm? Let OpenBots show you how automation can revolutionize your insurance processes and pave the way for a more dynamic, resilient business model. #OpenBots #InsuranceIndustry #Automation #FutureProofing #Efficiency #Innovation #BusinessTransformation 🚀📈

On Profiles in Risk - Ep. 575, I chat with Vishal Rohra, Founder at Kay.ai. They are on a mission to save thousands of hours from agency-side insurance professionals by building AI Coworkers that work with your people helping you grow your book of business. Their AI Coworkers can work with your existing system whether it's EZ Lynx, Applied, Vertafore, or any carrier portal without any need for APIs or integration. The AI Coworker can reason through tasks following your example. LINK TO THE FULL EPISODE IN THE FIRST COMMENT! #Insurance #Insurtech

Revolutionizing Insurance Processes with OpenBots: A PNC Company's Journey We recently collaborated with a PNC company, embarking on a transformative journey to optimize their loss-run process. The Challenge: At the heart of their renewal process, the loss-run was a crucial yet highly manual and repetitive task. It was pivotal in informing the insurance company about all past claims. OpenBots Solution: We initiated with a demo, engaging with their subject matter experts and a team handling new policy applications. Our focus? To evaluate the repetitiveness of the process – a key indicator of potential ROI. Our Strategy: Our aim isn't just automation for the sake of it. We look for processes that are performed frequently and intensively. That's where true ROI is unearthed. We don't just automate; we transform tasks that are performed over and over again, making a significant impact on efficiency and productivity. Join us in celebrating this successful partnership, where manual and repetitive tasks met their match with OpenBots' intelligent automation. Ready to discover your ROI with automation? Learn more: https://lnkd.in/e2d4_a7d #OpenBots #InsuranceAutomation #Efficiency #ROI #ProcessOptimization #DigitalTransformation #InsuranceIndustry

I had a great conversation with Kyle McWilliam, head of group #sharedservices at Hollard Insurance. Key points: ➡ Kyle and his team run improvement programmes and being able to sustain those is important. ➡KYP.ai is used as a data backbone for their transformation efforts, providing visibility into processes, automation opportunities, and insights into how work gets done in the organization - the whole #process, people and #automation perspective. ➡Previously, whenever they reviewed processes it took a lot of time and manual effort. ➡Outcomes to date include refining the #hybridwork model, identifying automation opportunities, and enhancing process #standardization and security. #insuranceindustry #insurance #outsourcing #sharedservices #intelligentautomation #processintelligence #processmining #taskmining #productivitymining

Curious about how Hollard Insurance discovered the power of data-driven insights with KYP.ai? Join our Chief Technology Evangelist, Sarah Burnett, as she interviews Kyle McWilliam, Head of Group Shared Services at Hollard Insurance. Explore how they're transforming processes with KYP.ai, boosting productivity, and driving change! Watch now to gain unique #insights into refining hybrid work models, unlocking #automation, and more. #KYPTalks

Insurtech isn't just transforming the insurance landscape; it's redefining the rules of the game. From monumental IPO successes to unparalleled efficiency gains and cutting-edge technologies like RPA and chatbots, the future of insurance is now. 🚀 #Insurtech #Tech #Insurance

Join Manojkumar Narayanakurup, Jack Anderson, and I at LTIMindtree ILF 2024 and discuss how our partnership has been helping digital transformation initiatives of our customers! Salil Shivhare Whatfix