Munich Re rolls out gen AI solution for underwriting [Yahoo! Finance]
MUENCHENER RE GP UNSP/ADR (MURGY)
NASDAQ:AMEX Investor Relations:
ir.kiterealty.com
Company Research
Source: Yahoo! Finance
This is set to assist clients, including primary insurers, in creating specialised insurance products with greater efficiency. It marks the company's first deployment of generative AI in an operational setting. The REALYTIX ZERO platform, established in 2018, is a cloud-based underwriting solution that leverages Munich Re's expertise to help insurers and brokers digitalise and automate their underwriting processes. The new co-pilot offering, which was built on the REALYTIX ZERO platform, processes user prompts to generate detailed insurance product proposals. These proposals can then be refined and launched through an online product studio in a matter of hours. REALYTIX ZERO co-founder and CEO Florian Niklas said: “We launched as a Munich Re corporate startup in 2018 to provide our clients with the highest level of underwriting and product development expertise according to the latest standards. Today, generative AI supports us in this.” Last month, Munich Re announced a
Show less
Read more
Impact Snapshot
Event Time:
MURGY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MURGY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MURGY alerts
High impacting MUENCHENER RE GP UNSP/ADR news events
Weekly update
A roundup of the hottest topics
MURGY
News
- Crypto and DeFi Wallet Firm Fordefi Gets Cover from Insurance Giant Munich Re [Yahoo! Finance]Yahoo! Finance
- MAPTYCS partners with Munich Re unit to enhance climate risk management [Yahoo! Finance]Yahoo! Finance
- Aviation Insurance Market to Reach $7.1 Billion, Globally, by 2032 at 5.9% CAGR: Allied Market Research [Yahoo! Finance]Yahoo! Finance
- Insurance industry experts to focus on technology and risk at the CFMA annual conference [Yahoo! Finance]Yahoo! Finance
- Munich Re net result surges more than 68% to €2.14bn in Q1 2024 [Yahoo! Finance]Yahoo! Finance