April 24, 2023 – Aziz Public School

What Is an Insurance Chatbot? +Use Cases, Examples

AI Chatbots for Independent Insurance Agents You can use your insurance chatbot to inform users about discounts, promote whitepapers, and/or capture leads. Seeking to automate repeatable processes in your insurance business, you must have heard of insurance chatbots. Chatbots can take away all the hassles that customers often face with insurance. With an AI-powered bot, […]

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Generative AI

Contingent Liability Definition, Why to Record

Although it is not realized in the books of accounts, a contingent liability is credited to the accrued liabilities account in the journal. The impact of contingent liability can also hamper a company’s ability to take debt from the market as creditors become more stringent before lending capital due to the uncertainty of the liability. […]

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Bookkeeping