WTW unveils AI-powered tool to boost insurer performance

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WTW unveils AI-powered tool to boost insurer performance

//science-technology.news-articles.net/content/2 .. i-powered-tool-to-boost-insurer-performance.html

Published in Science and Technology on Wednesday, March 5th 2025 at 18:22 GMT by MSN
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

Using AI techniques, the new tool can deliver early insights on inflation, competitor activity, claims and customer behaviour.

- Click to Lock Slider

WTW, a global advisory, broking, and solutions company, has introduced an AI-powered tool named Insurance Consulting Group (ICG) Athena, aimed at enhancing insurer performance. This tool leverages AI to provide insights into underwriting, claims, and operational efficiencies, helping insurers to make data-driven decisions. ICG Athena uses machine learning algorithms to analyze vast amounts of data, offering predictive analytics that can improve risk assessment, pricing strategies, and customer segmentation. The tool is designed to help insurers adapt to market changes, optimize their portfolios, and ultimately drive profitability by identifying new opportunities and mitigating risks more effectively.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/technology/tech-companies/wtw-unveils-ai-powered-tool-to-boost-insurer-performance/ar-AA1Akx8e ]