While it'll be awhile before we all have an IBM Watson Supercomputer on our desks, there are a number of artificial intelligence business tools that property and casualty insurers and insurance professionals can use right now to run smarter, faster — and ahead of the competition.
"The emergence of AI coupled with big data and massive computing power has enabled us to take a different view of our processes," says Justin Tomczak, CFA, media relations, State Farm. Consider, he added, the "thousands of photos of damage that we receive every day become an amazing set of data for AI to learn from and to serve our customer's more effectively and efficiently. "
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