The insurance industry, often seen as traditional and slow-moving, is undergoing a significant transformation. This transformation is driven by advancements in technology, particularly artificial intelligence (AI). AI's ability to process large amounts of data, learn from patterns, and make predictions is revolutionizing how insurance companies operate.

From underwriting and claims processing to customer service and fraud detection, AI is modernizing every aspect of the insurance value chain.

In this article, we will explore the key roles AI plays in modernizing insurance and the benefits it brings to both insurers and policyholders.

READ MORE