By integrating data and AI across different aspects of the insurance value chain, companies can unlock new opportunities, optimise processes, and ultimately provide more value to their customers.
Despite the wide range of potential applications, the deployment of AI in insurance firms is not yet widespread. Only 43% of insurance companies have currently implemented AI for any application within their organisations.
However, this does not imply a lack of plans. In fact, 92% of executives have already initiated or are planning to incorporate AI within their organisations.
The evolving landscape of AI implementation is empowering insurance companies to strategically position products, identify target consumers, and effectively harness data for market penetration. This paper aims to offer a comprehensive analysis, delving into the profound impact of AI on the insurance ecosystem and the strategic business landscape.
Whitepaper - 30 min read
Empower Insurance Through the Power of Data and AI
Discover insights into data and AI's strategic impact on products, customer targeting, and market penetration.Request Whitepaper