AI in Core Insurance Systems – Brave new World?!

msg will be attending this year’s ITC Europe in Amsterdam on 21/22 May with a Stand and a Keynote by Milenko Radic

21-22 May 2025 in Amsterdam

Visit us at the ITC Europe in Amsterdam and let us make your day

In today’s dynamic market, it often seems that in the blink of an eye the future becomes the past. Everyone is tinkering with AI these days. Results range from humorous to terrifying, but when will it actually become useful – or even indispensable – in the insurance industry?

 

In his keynote talk (21 May, 11:15 am), Milenko Radic, msg life ag board member, will delineate what a practical AI integration into core insurance systems would look like. What is required technically and in what environment can it truly be a gamechanger? He will then demonstrate two real-world examples where it is already in use.

 

Topics will include:

  • realistic and stepwise introduction of AI processes for increased efficiency
  • AI deployment in a highly regulated industry
  • trustworthy AI: security and data protection requirements
  • reliable results through quality assurance measures
  • AI in action: boost efficiency while improving customer experience

Visit us at our stand (Nr 18) – we look forward to exciting discussions with you on these and other themes.

Build for Tomorrow... Ready Today

Reliable GenAI already embedded in our systems

msg.ask:it

 

  • Access to huge industry knowledge base
  • Protected company proprietary data
  • Increased staff expertise and customer trust
  • Integrated processes (ex: regulation, migration, claims, coding and RPA)
  • In use by major insurers

Build for Tomorrow... Ready Today

msg.Insurance Suite SaaS

All of your business lines on a single cloud platform

 

  • Rapid online deployment
  • Top-level security and data protection
  • Maximal scaling and flexibility
  • Operational efficiency
  • Cost-effective pay-per-use model
  • Powered by AWS

What we stand for

Why us

Back in 1980, when most things were still on paper, msg was already a pioneer in the digitalization of the insurance industry. 45 years later, we are still leading the way in innovation: we are a leading provider of advanced AI solutions for the insurance industry.

 

But what really separates us from our competitors is our deep understanding of the insurance business – knowledge that can only be acquired from our decades of experience. With our staff of over 2000 IT experts, consultants and actuaries in offices around the world, the biggest names in insurance trust us to manage their complex insurance IT challenges. This includes full migration of core systems and policies.