AI in Insurance

Description: Claims, policy and service are the three core areas in insurance. By integrating AI Automation into these critical areas, insurers are doubling (maybe more) their efficiency. It is no wonder the compound annual growth rate (CAGR) for AI in insurance is expected to rise 33.06% from 2023 to 2032 reflecting the massive potential and growing adoption of insurance automation. We can now see how AI automation plays key role in all the above mentioned areas in insurance.

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