IBM is acquiring Liberty Insurance Services, or LIS, which is the U.S. business process services operation of RBC Insurance, IBM and RBC announced Tuesday. LIS handles life insurance and annuity ...

ARMONK, N.Y., Oct. 16, 2024 /PRNewswire/ -- New research by IBM's (NYSE: IBM) Institute for Business Value identifies a disconnect between how insurers and their customers prioritize the use of ...

Insurers that use generative artificial intelligence have an advantage over their competitors, according to Mark McLaughlin, IBM global insurance director. However, he said the way they leverage it ...

“Our strategy is to provide a flexible and secure AI platform for insurance, integrating best-in-class technologies. Partnering with IBM watsonx was a natural choice, as many of our clients already ...

Cloud computing in insurance is a method to risk management in which a promise of financial reimbursement is made for specific potential disappointments on the part of a cloud computing service ...