Story cover for AI in Insurance: Setting New InsurTech Benchmarks and Managing Risks in 2024 by GlobalFintechSeries
AI in Insurance: Setting New InsurTech Benchmarks and Managing Risks in 2024
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  • Reads 4
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  • Parts 1
  • Time <5 mins
Ongoing, First published Jun 28, 2024
The role of AI in the insurance industry is seldom reported with the same animated vibe as it is done for other front-runner industries. The maturing Generative AI or GenAI landscape has forced insurance companies and related insurtech service providers to embrace the fast-paced transformation with calculated risks. AI in Insurance in 2024 is expected to be a major game-changer as insurtech companies look at advanced machine learning and deep learning algorithms to meet industry expectations. An avalanche of insurance-focused big data mined from a wide range of connected devices will increase the demand for superior product categories for AI in insurance companies. To understand how artificial intelligence and machine learning applications in insurance product categories can potentially disrupt the sector, we spoke to Rhino's co-founder and CEO, Benjamin Lantos.

What's Rhino? Rhino is a proptech startup that specializes in security deposit insurance. In 2017, Rhino pioneered security deposit insurance, replacing c*** deposits with smart, affordable insurance so renters can maintain control of their c***. Here's the full transcript of our AIThority Interview with Rhino's CEO.

AI in Insurance: Setting New InsurTech Benchmarks and Managing Risks in 2024Hi Benjamin, welcome to the AiThority Interview Series. Please tell us about your tech journey.
Before co-founding Rhino, I worked in multifamily rental development, overseeing acquisitions, development, and management. I also spent time at Goldman Sachs raising capital, structuring d*** and repositioning consumer and real estate assets. All of these experiences led me to see - along with my co-founders - the tremendous opportunity for digital transformation in the rental industry. We began building products to put m********* in renters' pockets, offering security deposit insurance, digital c*** deposit management and compliance, and renter's insurance - all via a modern SaaS platform.
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Perfect Fate ✔ (Moved To Inkitt)

13 parts Complete Mature

Wattpad Creator! Happy and proud. HIM: Staying the night? Not my thing. Hearts and flowers? Boring. Falling in love? Not anytime soon. Settling down? Off the table. Getting married? You're kidding me, right? That was me before the night we first met. Because, well, meeting a hot chick that made me hard just by looking at her was definitely not in my plans when I sneaked out of a woman's apartment after what was already a long night. Taking her home and getting her a chocolate cake, though, was kind of intentional. But falling for her? Boy, that was pretty much inevitable. HER: He came out of nowhere, literally. I was there, sitting on that bench, barefoot and crying and just getting my heart broken in peace and silence. Then he appeared, all mad and furious and sexy and tall and just drool-worthy! And just like that, despite my poor attempts of escaping him, he had me wrapped in his world. A crazy yet heart-fluttering world, that I have absolutely no intentions of leaving anytime soon. ------- Character development is a main theme in this book. It shows you how they both work on changing for the better, while trying to overcome the obstacles in their relationship and fight for each other till the end. ** Warning!! Some chapters contain sexual scenes, but there's always a warning at the head of the chapter. Do not read them if you're under 18.** * Also, please beware that this story contains a lot of swearing. Read at your own risk. * **I don't own any photos used in this book. All are found on the internet for public use.** Highest Rankings: Sexy - #1 Love - #1 General Fiction - #41 Romance - #46 ------ ** Copyright © 2014 by Fanoshka Flippo (Farah Fekry). All rights reserved. No part of this document may be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without prior written permission of Fanoshka Flippo / Farah Fekry. **