AI Reshaping Insurance

| May 4, 2017

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Artificial intelligence is about to dramatically reshape the insurance industry, evolving from back-office automation to front-line virtual assistance the digital face of your brand. And consumers are ready 74 percent of consumers say they’d be happy to get computer-generated insurance advice. AI improves consistency and efficiency and is becoming much smarter and simpler to use.

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Kingstone Insurance Company

Kingstone Insurance Company is a New York State based property and casualty insurer serving NY, NJ, PA, MA and RI for over 130 years. At Kingstone, we believe that personally professional service is the proper way to provide the insurance professional and consumer with the right products at fair prices with best in class service.

OTHER ARTICLES

INSURTECH AND RISK MANAGEMENT: RESHAPING RISK SCORING AND UNDERWRITING

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Best Business Insurance for 2020

Article | February 26, 2020

Hopefully, you’ll never have to use your business insurance. But just like car insurance or health insurance, protecting your business from unexpected situations is crucial. However, 44% of small business owners don’t have insurance. This statistic is shocking. If you’re uninsured or underinsured, your company could potentially go bankrupt if something goes wrong, and you’re forced to pay out of pocket.

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COVID-19: How Insurance Can Help Mitigate Business Losses through the Crisis

Article | March 19, 2020

The COVID-19 outbreak is now a pandemic, affecting governments, businesses and individuals all over the world. As borders are closed, and day to day life is put on hold, it presents an unprecedented threat to the global economy and to the future viability of many businesses. Nevertheless, there are steps that organisations can take to protect themselves, and to ensure the financial consequences are kept to a minimum. In particular, businesses should be considering whether they can mitigate losses through their existing insurance policies. Regardless of the type of insurance, particular attention should be paid to notice requirements typically set out in each policy wording.

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Spotlight

Kingstone Insurance Company

Kingstone Insurance Company is a New York State based property and casualty insurer serving NY, NJ, PA, MA and RI for over 130 years. At Kingstone, we believe that personally professional service is the proper way to provide the insurance professional and consumer with the right products at fair prices with best in class service.

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