The digital revolution is reshaping the insurance industry, as AI allows companies to analyze large data sets and streamline operations.
Consumers and industry experts alike are anticipating the digital transformation in insurance, with 63% of insurers believing their business will be transformed by intelligent technologies and 74% of consumers agreeing that they’d be happy to get computer-generated insurance advice.
So what is AI? It’s technology that replaces human intelligence tasks with computerized systems. The four main AI technologies include:
AI will transform the insurance industry by improving fraud prevention, generating automated underwriting, creating tailored products, and streamlining current processes. Check out our visual from The Zebra below to discover the 6 insurtech startups putting AI into action.
Spotlighting Equipment Manufacturing: Advocate for the People Who Build, Power, and Feed the World
Tune in to hear from Chris Brown, Vice President of Sales at CADDi, a leading manufacturing solutions provider. We delve into Chris’ role of expanding the reach of CADDi Drawer which uses advanced AI to centralize and analyze essential production data to help manufacturers improve efficiency and quality.
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