Search
 

Home

Instant Insights / Artificial intelligence in insurance

Artificial intelligence offers the insurance industry exciting new services, solutions and risks.

Study identifies the insurance industry as an AI leader

The average revenue increase has been 17% while the average cost reduction has been 12% among the global industries that have already turned to artificial intelligence.

X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
TCS researchers determined that AI will create jobs, not usurp them. (Photo: iStock)

The insurance industry is outpacing at least a dozen other business sectors when it comes to artificial intelligence investment, according to new research from Tata Consultancy Services (TCS), a global IT, consulting and business solutions organization.

Elana Ashanti Jefferson

Elana Ashanti Jefferson

Managing Editor Elana Ashanti Jefferson is a veteran journalist and communications professional. She can be reached by sending email to ejefferson@alm.com.

More from this author

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.