Discover how to establish a foundation for success with AI in insurance.
Discover how to establish a foundation for success with AI in insurance.
Recently, AOL discontinued the dial-up tone synonymous with the internet. After 34 years, we will no longer hear the mechanical screech of connecting to the World Wide Web. Nostalgia notwithstanding, this news gives me pause to contemplate what my children will see sunset in their lifetimes. Consider Google today. A
With AI, insurance underwriting evolves – and insurers can choose to manage the decisions of their AI agents.
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Failure accompanies all technological breakthroughs – the wheel, manned flight, the internet. AI is no exception. I know insurance companies are using AI – SAS research confirms it. 90% of insurers have budgeted for GenAI in 2025. I also know that only 1 in 10 insurers (11%) are fully “AI-prepared.”
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Five years ago, there was no conflict in Ukraine. People went into offices for work. No one was fighting over toilet paper. Everyone’s concept of AI was loosely anchored by Hollywood films like Terminator or War Games. And, insurers enjoyed relatively stable profits, consistent inflation/interest rates, and manageable change volume.
The commercial real estate crisis is looming for insurers and banks. Learn how AI decisioning can help.