1 month ago | By Business Insider
Summary List Placement
As the coronavirus pandemic continues to drive consumers online, the pressure for incumbent insurance companies to adopt digital technology is intensifying. Incumbent insurers have been pushed to accelerate their use of mature AI deployments over the past year to meet changing customer expectations and better compete with tech-centric firms. For context, consumers are now twice as likely to buy insurance from big tech firms, versus four years ago.
This digital, tech-centric environment makes it all the more necessary for insurers to look at real AI use cases that can...
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