We’re thrilled to be recognised as one of the most innovative InsurTech companies in the world, having earned a spot on the prestigious InsurTech100 list for 2023. FinTech Global’s annual InsurTech100 list recognises companies at the forefront of innovation in insurance, shaping the future of the industry. At Sprout.ai, we are dedicated to delivering groundbreaking […]
Our latest research report, AI and Claims Processing: What Customers Really Think, is now live. Insurance innovation is not just about technology. It’s about people and their experiences. With claims processing evolving rapidly, it’s crucial to understand the perspectives of those who matter most— the customers. This presents the findings of a study conducted online […]
Sprout.ai’s CEO Roi Amir speaks to Instech’s Henry Gale on examining the obstacles for insurers today and the potential for AI and automation to address them. From implementing AI to managing risk, the conversation covers some of the most pressing questions for insurers today: Read the full interview here AI and Automation at Sprout.ai Here […]
Sprout.ai has been shortlisted in the Best AI Product category for this year’s CogX Awards. We’re thrilled to be recognised in these awards, which celebrate the brightest minds and groundbreaking tech innovations in AI. From artificial intelligence to blockchain, the CogX Awards 2023 finalists are producing the groundbreaking advancements that are shaping our world. Past winners include […]
The global motor industry is going through a period of rapid transformation. The rise of car sharing, autonomous vehicles, green energy policies, and risk-reducing technology are just some of the developments disrupting traditional insurance models. By 2040, the motor segment is expected to represent a smaller portion of the total risk pool, according to Swiss […]
This year and last have been a challenging period for motor insurers in the UK and beyond. EY’s latest UK Motor Insurance Results show a sharp decline in revenues in 2022, as motor insurers grappled with the impact of surging inflation and long delays. That decline looks set to continue this year. Pandemic-induced period of […]
We’re excited to announce that Sprout.ai is a finalist in I Love Claims’ inaugural ClaimsTech – The Pitch. The competition was created in partnership with Insurtech UK to showcase the latest technologies for insurance claims. We’re looking forward to discussing how our technology solves claims challenges at the event in September, alongside seven other innovative companies. Sprout.ai’s solution […]
Generative AI refers to the branch of artificial intelligence that focuses on creating content, such as images, texts, music, claims data, and more. It uses complex algorithms and neural networks to generate realistic and creative outputs based on patterns and data it has been trained on. In the insurance industry, generative AI can be employed […]
Insurance Business America featured our recent research report Generative AI in the Insurance Industry in an article about a proposed code of conduct around using AI and machine learning use in insurance. AI-driven insurance intelligence provider Cloverleaf Analytics is calling for carriers and managing general agents to take the lead on AI ethics. The Texas-based […]
There is a concern in the insurance industry and beyond that generative AI, along with other forms of AI, will replace human workers. It is true that automating highly repetitive, rules-based tasks will change the nature of work. However, this rapidly developing technology presents an exciting opportunity for insurers to offer work that today’s workers […]