Announcing RiskStream's AI & LLM in Insurance: Multiparty Applications Summit!

RiskStream is proud to announce the RiskStream Collaborative 2023 Award Recipients!

Artificial Intelligence (AI) is not just a buzzword; it’s a transformative technology that is reshaping the insurance world at a rapid rate. AI’s ability to process vast amounts of data, recognize patterns, and make informed decisions has commenced a new pathway for innovation and efficiency within insurance companies.

Laura Drabik, Guidewire’s Chief Evangelist, produced a great video illustrating RiskStream’s RAPID X first notice of loss application for personal auto claims. A RAPID X Guidewire integration is available in the Guidewire Application Marketplace.

Arbol, a leading global climate risk coverage platform, in collaboration with The Institutes RiskStream Collaborative, the largest blockchain and emerging technologies consortium in the insurance industry, today announced dRe is live and in production. As the first on-chain data calculation tool for reinsurance, the blockchain-powered platform is a significant milestone for parametric reinsurance, highlighting the tangible benefits of Arbol and RiskStream's strategic partnership announced in May.

The Cincinnati Insurance Companies, Nationwide and Securian Financial are the recipients of The Institutes RiskStream Collaborative™ 2022 Collaborator award. The three recipients supported RiskStream’s Life & Annuities sector’s project on educational verification for product sales.

Guidewire (NYSE: GWRE) and The Institutes RiskStream Collaborative™, a large blockchain consortium of insurers, announced that RiskStream’s new Ready for Guidewire validated accelerator for ClaimCenter is now available in the Guidewire Marketplace. With this new integration, Guidewire users can use RiskStream’s RAPID X blockchain application to exchange loss information with other insurers more quickly and accurately.