Revolutionising Insurance Through the Power of Data and AI | NTT DATA

Whitepaper - Wed, 29 November 2023 - 30 min read

Revolutionising Insurance Through the Power of Data and AI

Get insights into data and AI's strategic impact on products, customer targeting, and market penetration.

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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.

the cover of the book revolutionizing insurance through the power of data and ai

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

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