Why Its Time to Prepare Now for the Data & Analytics-Driven Future of Insurance

Why Its Time to Prepare Now for the Data & Analytics-Driven Future of Insurance

Insurance has always been data-driven. It’s also one of the industries leading the race to adopt AI. And, AI in all its different forms is coming fast. It will impact every part of the insurance industry’s value chains. How we reach customers, engage with them, assess and price risk, manage policies, handle claims and fraud will all be impacted. Beyond that, it will also impact how we measure and manage internal operations as well as distribution channel partners, and how we define and manage products. To stay competitive in this race, Insurers need to rethink and realign current data, analytics, and AI initiatives with the future that’s coming.

Mike Connor, CEO SVIAWhy Its Time to Prepare Now for the Data & Analytics-Driven Future of Insurance
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