What is the Role of AI in the Insurance Industry?
The insurance sector deals with risks, which mainly entails the assessment of different possibilities. As various technological trends arise, the insurance sector should rapidly adapt …
Revolutionizing Risk Assessment in Insurance
The pandemic, exceeding 2 years, has changed a lot. From lifestyles to business practices, from priorities to industries… And the technology we use evolved in …
AI in Underwriting: Efficient & Data-driven Insurance Operations
Insurance is the art of pricing risk. AI increases both efficiency and accuracy of the risk pricing process, creating competitive advantages for insurers that use …
Insurance Pricing: Its Importance, Determination & New Methods
According to Accenture, getting the best price is the top priority for 52% of auto insurance customers, 50% of home insurance customers and 38% of …