Many insurers need to take inventory of the data they already have before they can decide what they need for effective automation.
AI's upward trajectory will be fueled by talent and creativity.
Advanced technology, often driven by AI, is resetting consumer expectations across all areas of life. Insurers must rise to those expectations.
Insurers and the new wave of technology based market entrants are learning that effective AI is built from the ground up, by starting with limited, defined issues and building solutions around individual issues.
Strategic uses of AI mean they must be effective while remaining compliant with a rapidly developing regulatory environment.
