Declining Dinosaur to Modern Mammal – How AI is Changing Insurance

Akin to putting plasters on a dying dinosaur in the hope that it will make the animal feel better, insurers have started experimenting with AI in their existing day-to-day operations with focus on the core processes of distribution and claims. Menial, repetitive tasks are being digitized, but for the time being AI application is generally limited to augmenting humans.

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