Points of View

Can AI Revolutionize the Insurance Industry?

The buzz around AI is louder now than ever. With computing power increasing exponentially, and with the sheer volume of data that is available, the AI revolution is set to disrupt insurance. This comes at a time when underwriting by machines is becoming the norm. This PoV assesses how decades of progress in AI technologies, applied to the staggering amount of insurance firm data, will impact the insurance industry, as insurance value chains face the juggernaut of disaggregation head on. To understand this question, it is critical that we understand how disaggregation is going to affect big insurance firms against present trends. 

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