A McKinsey report maps out where artificial intelligence is already transforming the insurance industry.
As artificial intelligence agents take on more business tasks with less human oversight, insurers are starting to respond in very different ways. Some are creating policies to cover losses linked to ...
As more businesses trust artificial intelligence "agents" to independently grow their revenues, some insurance firms are ...
BofA accused the insurance industry of clogging its ranks with tons of unnecessary salespeople, with a "snowball effect" ...
Artificial intelligence is creating a new category of enterprise risk that spans cybersecurity, privacy violations, ...
Insurers took a stock price hit from the advent of AI-based insurance apps, but that won't be the final outcome, according to ...
The rise of artificial intelligence brings the prospect of huge productivity gains for the insurance industry, as well as ...
New research from Evident reveals that AI rollouts by insurers are most common in claims management, underwriting and ...
As AI technologies like ChatGPT and other generative AI tools have gained prominence, our clients have started raising questions about their insurance coverage. Among the most frequently asked are: ...
Canadian insurers deploy AI for routine underwriting decisions, while human expertise continues to guide complex cases, ...
The insurance industry’s embrace of AI calls for a governance framework to assist regulators, guide insurers, and inform consumers. The National Association of Insurance Commissioners’ Big Data and ...
Businesses face serious risk of liability arising from cybersecurity and privacy breach and use of artificial intelligence. Just like we would not (or should not) drive a car without auto insurance, ...