
The Impact of AI Development on Insurance for 2024
The rapid advancements in artificial intelligence (AI) are revolutionizing the insurance industry. AI is dramatically altering the way insurers assess risk, process claims, and interact with customers. This will eventually lead to more accurate pricing, improved customer experiences, and streamlined operations. This article will explore four key AI-related trends shaping the insurance industry, examine the state of insurance for the upcoming year, and provide guidance on how insurers can prepare for accelerating changes.
3 September 2024 • 4 min read