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News, information and commentary about how today’s insurance executives, agents, brokers, actuaries, risk managers, underwriters and carriers can capitalize on AI, machine learning and robotic process automation to advance their business.
Employers need to focus on the work that generative AI and other forms of artificial intelligence can truly automate.
This week's update includes insurance industry news from Brokerslink, Clearcover, Aon and more.
SME insurance market peaked at roughly $19.18 billion last year.
Social inflation, insure-to-value and supply chain shortages are major issues for independent agencies to manage.
Some risks are still difficult to insure, even with increased capacity.
Market Research Future: Business interruption insurance market to reach $33.61 billion by 2032.
The state has experienced 82 weather events causing over $1 billion in damages since 1980.
Senior C-level executives are at higher risk of a deepfake impersonation.
On average, it costs over $1,000 for an adjuster to handle a single claim.
Here's how to best navigate the future of AI in insurance and deliver solutions that drive value for clients and their customers.