Chandariah Sharmila Devi | Claims Journal Imagine a world where insurance claims are processed instantly with accuracy and minimal manual intervention. Yes, that is the promise current artificial intelligence revolution has made in claims processing. But as with any modern technology revolution, there are challenges, and the reality is subtle. AI is a hot topic,… Continue reading Leveraging Artificial Intelligence in Claims Processing: A Balanced Perspective
Tag: Artificial Intelligence
AI’s Impact on Property Insurance Coverage
Lee Ann Thigpen | Robins Kaplan Artificial Intelligence (AI) is the simulation of human intelligence processes by machines, such as computer systems for assistance in quickly answering complicated questions, researching a specific topic, or creating an image. Put another way, AI is the ability for computers to do tasks and solve problems that would otherwise… Continue reading AI’s Impact on Property Insurance Coverage
Construction Attorneys Get an AI Assist in Document Crunch
Jeff Yoders | Engineering News-Record Artificial intelligence is often touted as a gamechanger for construction processes, and Document Crunch, a company co-founded by a longtime construction attorney, is already changing up one key area: construction contracts. For years, Josh Levy pored over contracts as in-house counsel for contractors JE Dunn and Wood. He knew the… Continue reading Construction Attorneys Get an AI Assist in Document Crunch
What Is Artificial Intelligence? Insurance Wants to Know
Michael S. Levine and Alex D. Pappas | Hunton Andrews Kurth It is no secret that insurance stakeholders are waiting with bated breath to see how the insurance industry will address the risks and opportunities posed by artificial intelligence (AI). As stakeholders consider various insurance products and their coverage for AI risks, the definition of… Continue reading What Is Artificial Intelligence? Insurance Wants to Know
AI Applications and Risks in Construction
John Paolin | HKA In July 2023, the Construction Management Association of America hosted a webinar discussing the merits and use of artificial intelligence (AI) in construction. This article summarizes the panel discussion and contains considerations for AI adoption based on that discussion. The panel was a cross-section of experienced AI users and firms beginning… Continue reading AI Applications and Risks in Construction