Investing in AI. Insurance carriers can do more business faster and more accurately by incorporating AI. (Photo: Shutterstock)

Artificial intelligence (AI) is seemingly everywhere these days, so it's not a surprise to see it among the latest insurance technology (InsurTech) trends. However, it's not just a buzzword. AI is penetrating nearly every industry that utilizes digital solutions and is quickly becoming a "must-have" instead of a "nice-to-have" for property and casualty carriers.

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