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.
Strength & Strategy: Powering America's Industrial Comeback
In this episode, I sat down with Beejan Giga, Director | Partner and Caleb Emerson, Senior Results Manager at Carpedia International. We discussed the insights behind their recent Industry Today article, “Thinking Three Moves Ahead” and together we explored how manufacturers can plan more strategically, align with their suppliers, and build the operational discipline needed to support intentional, sustainable growth. It was a conversation packed with practical perspectives on navigating a fast-changing industry landscape.
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