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Kalkine Media ASX Share Market News & Research

The Future of AI in Insurance

February 06, 2024 09:08 PM AEDT | By News File Corp
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The Future of AI in Insurance
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London, United Kingdom--(Newsfile Corp. - February 6, 2024) - AI is the most revolutionary technology on the market today. Deciding your next step carefully will be key - those that fall behind run the risk of being left in the dust. As Rose Hall, SVP Head of Innovation, AXA XL puts it - "As a society, we must take a mindful and responsible approach in wielding this extremely powerful tool".

To help you navigate this dynamic field, we asked 700+ insurance companies where they are investing in AI, what the key blockers are, and how successful it's been - so you can benchmark your strategy against insurance-specific examples.

Download the report here: The Future of AI in Insurance

Featuring exclusive insights and commentary from industry-leading experts:

  • Pentti Tofte, Staff SVP, Head of Data Analytics, FM Global
  • Erin Culek, Head of Strategy & Corporate Development, Guardian
  • Russell Page, Chief Technology Officer, Hagerty
  • Joe Emison, Chief Technology Officer, Branch Insurance
  • Francisco Diazluna, Chief Information Officer, Producers National
  • Patrick Gallic, VP of Business Innovation, Tokio Marine HCC
  • Rose Hall, SVP Head of Innovation, AXA XL
  • Kevin Horwitz, VP, Innovation, RLI Insurance
  • Bill Wilkins, VP, Chief Risk & Analytics Officer, Safety National Casualty Corporation
  • Wendy Crosley, Global Director of Underwriting Automation & Transformation, WTW
  • Bipin Chadha, VP Data Science, CSAA IG
  • Souvik Das, CTO, Clearwater Analytics

Providing you with the insights needed to make informed investment decisions, including:

  • What percentage of insurers are currently investing in AI?
  • What are the prominent blockers for AI investment?
  • What areas are AI being applied to, and to what effect? (Spoiler alert: More than half of respondents ranked AI as either difficult or very difficult to implement)
  • Has AI proved a worthwhile investment for companies so far?

Download the full report to find out more about the direction leading carriers are taking with AI, and where you should focus if you wish to harness the power of this technology.

Click here to view the report: The Future of AI in Insurance

Best wishes,
Alex

Alexandra Wilson
Senior Project Director, Insurance
[email protected]
Reuters Events

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/196485

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