insideBIGDATA Latest News – 8/9/2023

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insideBIGDATA Latest News – 8/9/2023 Cloverleaf Analytics (Cloverleaf), a leader in insurance intelligence solutions, Exavalu, a leading global digital advisory and consulting company, and Socotra, provider of the industry’s leading policy core and end-to-end insurance technology solutions, are excited to announce the launch of the Ethical AI in Insurance Consortium.

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New Ethical AI Consortium Launched

carrier management logo Three digital technology providers announced the launch of the Ethical AI in Insurance Consortium as a means to help guide the insurance industry toward a responsible and ethical future using AI.

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Insurtechs launch Ethical AI in Insurance Consortium

DI logo Insurtechs have launched an Ethical AI in Insurance Consortium to collaborate on industry-wide standards related to fairness and transparency in the use of artificial intelligence within the insurance industry. The founding members include Cloverleaf Analytics, Exavalu and Socotra. The consortium hopes to increase knowledge sharing amongst insurance companies, AI developers and regulators, as well…

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Carrier Management Article by Cloverleaf’s CEO – AI, BI or Insurance Intelligence: Which Matters Most?

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As Cloverleaf Analytics collaborates with insurers of all sizes to derive value from their insurance data in an unpredictable economic environment, company representatives often speak with carriers about the differences between AI and BI—what are they, when do you use which one? According to CEO Robert Clark, these discussions regularly evolve into discussions about what…

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New Press Article: 2022 Can Be Insurance’s Big Data Moment

As published on InsideBigData on January 12, 2022 – 2022 Can Be Insurance’s Big Data Moment – insideBIGDATA The insurance industry has a history of following other industries when it comes to adopting emerging technologies. While this has been OK in the past for managing customer relationships, the last 18 months have taught every industry the importance…

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