Insurers should actively monitor the progress of artificial intelligence and consider the possible positive and negative implications of a broader usage of AI.
Will there be a future platform-based company in the insurance industry that becomes the largest force in insurance without holding any risk or employing any underwriters and adjusters?
Macro-insurance is in its infancy and may take a long time to develop, but the concept is intriguing, and it appears that the industry is willing to begin to explore the potential.