Julio Pernía Aznar

Julio Pernía Aznar is CEO of Bdeo, a technology company that provides visual intelligence for motor vehicle and home insurers.

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They still require far too many manual steps. The good news is that digital platforms and tools can greatly accelerate the process.

Investments in AI are expected to save auto, property, life and health insurers almost $1.3 billion in 2023, up from $300 million in 2019.

While autonomous cars have made real progress lately, there's no reason to pay any attention to Musk's tease for a robotaxi announcement in August.

With climate change increasing risk, GIS allows for accurate risk assessment that goes even deeper than ZIP code level.

Michael Reilly, a managing director at Accenture, says underwriters only actually underwrite for 30% of their day -- but can soon get to 60%.

Businesses need to protect their people and property with continuity planning, increased security and, perhaps, relocation of inventory.

AI not only encourages safer driving but also provides a route to transparent and accurate risk assessment, for fairer underwriting. 

The use of generative AI for coding for in-house applications is set to be the next big thing in 2024.

The transformation of RGA's data and analytics operations offers a potential blueprint.