AI & Machine Learning

AI adoption is evolving and moving faster than ever making a bigger mark in insurance claims, but with innovation comes new risks and responsibilities.

Subcontractor underinsurance creates hidden liability gaps, but AI-powered compliance platforms can detect and resolve them before claims surface.

As real-time policy issuance becomes possible, the traditional insurance binder may quietly fade into obsolescence.

MIT research reveals 95% of AI pilots fail to deliver value as enterprises skip crucial tool-building for flashier autonomous agents.

Life insurers are shifting from hyper automation to hyper personalization, creating flexible journeys that adapt to individual customer needs.

Advanced AI and predictive fraud models transform workers' compensation fraud detection from costly burden into a strategic risk management advantage.

As insurers deploy AI to combat fraud, reinsurers must adapt underwriting approaches to account for the differences in insurers' capabilities.

Financial services executives fear digital transformation delays spell permanent irrelevance, yet only 21% pursue radical back-office overhauls.