InsurTech weekly - AI in every section of the insurance value chain

_{1/ LLM do generate insurance leads!}

The first article is a recent update shared by Wetterheld's CEO. He recounts how a prospective customer reached out regarding the company’s parametric insurance offering. When asked how they had discovered Wetterheld, the lead explained that the company had been recommended by the Generative AI tool they use on a daily basis.

_{2/ Who will pay for a self-driving car crashes?}

The second article, published on Yahoo!, comes back to BYD CEO's recent announcement the car manufacturer would cover damages related to self-driving cars crash. As this is a regular question the market wonders about, the car manufacturer is the first of its kind to announce such a bold move as self-driving features are expanding fast, especially in Electric Vehicles.

_{3/ AI in insurance underwriting}

The third and fourth articles, published on Coverager, detail the way artificial intelligence is revamping the underwriting section of the insurance value chain. The articles are based on Zurich's experience, which is leveraging Cytora's solution into its operations to transform unstructured insurance submissions into decision-ready data ; and Sixfold now available through Microsoft Marketplace in order to simplify procurement processes.