Capgemini: Insurance Leaders Optimistic About Ai’s Impact On Underwriting Quality And Fraud Reduction But Underwriter Confidence Lags

The Capgemini Research Institute’s World Property and Casualty Insurance Report 2024 reveals that only 8% of property and casualty insurers are considered “trailblazers” in leveraging AI-driven insights and automation for underwriting. Challenges faced by P&C insurers include inflationary pressures, demand for affordability and transparency, and organizational barriers.