The Drive for Data Disclosure Consumer Advocacy and Regulatory Response Consumer advocate groups have been pushing for greater transparency in the property and casualty insurance sector, emphasizing the necessity for open access to industry data amidst increasing natural disasters. The increased
Robotics and Cognitive Automation (R&CA) are set to transform the insurance industry, from its operational core to its customer engagement models. This surge in smart technology will increase efficiency and decision-making capabilities, allowing for more streamlined processes. As a result,
The insurance industry is witnessing a revolutionary change as artificial intelligence (AI) and automation become increasingly central to its evolution. Traditional, labor-intensive processes are giving way to smarter, more efficient methods, offering unprecedented speed and accuracy. This
Generative AI (GenAI) is a transformative force in the insurance sector, spurring a digital and personalized renaissance while bolstering efficiency. In an arena marked by stiff competition, insurers' deployment of GenAI is a game-changer for customer engagement, risk management, and business
