Add to Favourites
To login click here
AI is revolutionizing the insurance industry by enabling automation to streamline business operations, improve the efficiency and accuracy of underwriting, and personalize the customer experience. AI algorithms require large volumes of high-quality data to train models and make accurate risk predictions, and recruiting and retaining the right people to work with data science or AI toolsets is a significant task. Despite the challenges, AI and automation offer insurers a competitive edge, allowing for better risk management, quicker customer onboarding, custom-tailored insurance products, and improved customer satisfaction.