WTW said it released Radar AI Assistant, a new natural language capability within Radar Vision, its AI-driven performance and experience monitoring tool built for insurers.
The AI technology enables pricing, underwriting, claims and portfolio management teams to identify emerging issues and uncover hidden patterns within their data, providing real-time, actionable insights for competitive advantage.
Radar AI Assistant goes on to explain the likely drivers and feeds these insights directly into recommended pricing and underwriting actions.
“A single emerging risk signal may be too weak to justify action, said Pardeep Bassi, global proposition leader in data science, insurance consulting and technology at WTW. “Radar AI Assistant, guided by insurance expertise, can consolidate multiple early indicators into a clearer, more credible view that supports confident action ahead of competitors reliant on isolated signals.”
Radar is an insurance technology platform that unifies pricing, underwriting, and claims into a single end-to-end solution. Radar leverages proprietary analytics and advanced generative AI capabilities to help personal and commercial lines insurers make faster, smarter, and more confident decisions across the insurance lifecycle.
SOURCE: WTW
Topics InsurTech Data Driven Artificial Intelligence Tech Willis Towers Watson
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