Despite the potential of artificial intelligence, insurers still must address aspects such as data, processes, governance, and infrastructure to fully leverage these technologies, said attendees at the Insurtech Insights USA 2024 conference.
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Insurtech Insights Attendees: To Leverage AI, Insurers Must Address Foundational Aspects
Gallagher Re's Scarratt: AI Adoption for Pricing Curve Is Longer Than Anticipated
Munich Re Ventures' Sanders: Expect Transformative Next Two Years for Insurtech
Modern Life's Arenas: Advisors Are the Future of Life Insurance Distribution
Next's Jack Ramsey: Data-Driven Decisions, AI Shaping Future of Insurance
Inari's Perkins: Despite Economic Cycles, Opportunities Abound for Insurtechs
Indigo Aims to Capitalize on Post-COVID MPLI Market and Physician Shopping
WTW's Finnis: Underwriting Workbenches Help Insurers Navigate Complex Risks
Plymouth Rock's Martin: Insurers Should Connect With Customers Via Their Preferred Modes
Nationwide's Kempton: Distracted Driving a Concern as Peak Collision Period Approaches
Hippo's Piotrowski: Rising Rates, Shrinking Coverages Fueling Claims Anxiety
First Connect's Pinkovezky: Don't Underestimate the Independent Agent Channel
Ameritas' Wilkinson: Associates Need Training to Work Alongside AI
WTW's Doddington: Survey Shows High Ambitions, Slow Progress in Adopting Insurance Analytics
Bolttech's Schimek: Personalized, Embedded Insurance Is a Multi-Trillion Insurance Opportunity
CapSpecialty's Sills: Caution, Guardrails Crucial in Deploying Generative AI for Insurance
