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Insurance companies that are able to rapidly adopt this technology in a responsible way will have the upper hand.
Data challenges, legacy systems and siloed teams prevent insurers from keeping up with the pace of transportation innovation.
It's time for insurers to ask themselves how their business is engaging with customers, and how this aligns with the company's overall digital strategy.
Here's how COVID-19 has impacted artificial intelligence and machine learning deployment in the P&C insurance industry.
As an industry, we need to think bigger and re-evaluate the way companies operate along with the tools they're using.
P&C carriers need more specialty data and capabilities to support their processing and decision-making.
AI can bring huge benefits to the insurance industry. But for that to happen, industry leaders need to start approaching tech with a team mentality.
The quantum leap toward virtual collaboration that occurred in recent weeks may permanently change the way we work.
Retaining customers is tough in today's fast-changing insurance markets. Staying competitive is crucial, and that requires speed and agility.
Insurance claims processing is undergoing major changes. USAA's Sean Burgess shares how his insurer is handling an evolving industry.