Instant Insights / Artificial intelligence in insurance

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

Research

53% of insurers opting to develop AI capabilities in-house, study finds

Everest Group looked at how insurers are building AI capabilities through hiring, InsurTech partnerships and other means.

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A majority (53%) of insurers are opting to build in-house artificial intelligence (AI) capabilities through hiring, internal training, hackathons, acquisitions, and InsurTech partnerships, Everest Group has found.

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