Search
 

InsurTech Center

Commentary

Modern workforce: How AI will define the next generation

Looking at how artificial intelligence works in commercial insurance can help illuminate the value of this rising technology.

By Dustin Oxborrow | January 22, 2021 at 10:00 AM
While COVID-19 has fundamentally altered the future workforce, tools like AI help get it back on track. (Photo: sdecoret/Shutterstock) While COVID-19 has fundamentally altered the future workforce, tools like AI help get it back on track. (Photo: sdecoret/Shutterstock)

Prior to COVID-19, the U.S. boasted historically low unemployment and a roaring economy. Nearly every industry was expected to face a severe talent shortage within the next 10-20 years. But then March hit, and the world turned upside down.

Since then, the pendulum has swung in the other direction. The current unemployment figures are reporting as many as 10.7 million people are out of work, and despite this sudden abundance of available workers, staffing issues remain — they’ve just become more complex.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

 

Recommended Stories

Dog bite litigation, breed biases and Pennsylvania laws

Dog bite litigation, breed biases and Pennsylvania laws

Rebecca Glenn-Dinwoodie |

Pennsylvania law addresses these negative interactions through both civil and criminal statutes, as well as regulation of the insurance industry when it comes to specific restrictions.

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 © 2023 ALM Global, LLC. All Rights Reserved.