AI is the most revolutionary technology on the market today. Deciding your next step carefully will be key – those that fall behind run the risk of being left in the dust. As Rose Hall, SVP Head of Innovation, AXA XL puts it – “As a society, we must take a mindful and responsible approach in wielding this extremely powerful tool”.
85% of customers are not satisfied with the speed of the underwriting process (Accenture). A fast, smooth process is crucial for customer satisfaction and retention, so what can you do to make your underwriting process more efficient and effective?
Insurers have their say on the Internet of Things. The digital data revolution has created more opportunities for information collection and sharing, plus increased competition based on data-driven insights.