AI-driven underwriting gains traction at InsurTechNZ and U.S. demo day

The InsurTechNZ event in New Zealand highlighted three insurers using artificial intelligence to augment, not replace, human expertise. AI Underwrite demonstrated how AI can prepare evidence and cut underwriting cycles from weeks to days while keeping the underwriter’s final decision. Tower showcased a contact‑centre transformation built on Amazon Connect that reduced call‑handling time by 26% and embedded AI for knowledge assistance and transcription. JAVLN described an agentic AI marketing tool that automates SEO monitoring and issue fixing, delivering the output of a two‑person team at a fraction of the cost.

The Risky Future “AI Tools for Underwriting” Demo Day, scheduled for July 8 in the United States, will feature free demonstrations from vendors including ABBYY, Nearmap, Cogitate, ZestyAI, Cotality and intellectAI. The demos will focus on AI‑enhanced risk selection, pricing guidance, data ingestion, document enrichment and portfolio management, emphasizing how AI can improve speed, accuracy and consistency throughout the underwriting process.