Remove 2026 Remove Compliance Remove Machine learning
article thumbnail

Europe’s Regulatory Approach to AI in the Insurance Industry

Debevoise Data Blog

Common AI use cases for insurers include using advanced machine learning algorithms that analyse vast datasets to deliver more accurate pricing models, AI-enabled chatbots to enhance customer service, recruitment tools, and creating first drafts of legal, business, and marketing documents.

article thumbnail

Voting Is Open! Pick the 15 Finalists to Compete At Startup Alley at ABA TECHSHOW 2024 in February

Above the Law - Technology

Next, we plan to expand the product’s scope to cover more aspects of the litigation process, to improve the machine learning summarization model, and to develop visualizations of evidence based on the data present in the chronology. We anticipate achieving >$5M in SaaS revenue in 2025$ and over $12M in SaaS revenue in 2026.

Mediator 325
article thumbnail

Voting Is Open! Pick the 15 Finalists to Compete At Startup Alley at ABA TECHSHOW 2024 in February

Legal Tech Monitor

Next, we plan to expand the product’s scope to cover more aspects of the litigation process, to improve the machine learning summarization model, and to develop visualizations of evidence based on the data present in the chronology. Plan for growth: Henchman’s goal is to enable 30,000 lawyers to draft contracts faster by 2026.