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The Role of AI in the Transformation of the Insurance Industry — DATAVERSITY | by Shaip | Sep, 2022
The insurance industry has been traditionally conservative with technology advances and hesitant to adopt new technologies. However, times are changing, and artificial intelligence (AI) is gaining much attention from insurance companies, who are starting to realize the important role that AI can play in their operations.AI in the insurance industry is poised to bring another wave of disruption and innovation to this $5.3 trillion global market.GET UNLIMITED ACCESS TO 140+ ONLINE COURSESChoose from a wide range of on-demand Data Management courses and comprehensive training programs with our professional subscription.According to McKinsey & Company, there’ll be 1 trillion connected devices by 2025. This will help collect tons of data to enhance the power of AI in the insurance industry ...






