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The global market for artificial intelligence (AI) in insurance is predicted to reach nearly $80 billion by 2032, according to Precedence Research. This growth is being driven by the increased adoption of AI within insurance companies...
The industry’s strategic focus on AI adoption, coupled with nuanced considerations for data quality and talent retention, is poised to usher in a new era of innovation and operational excellence to the insurance sector in 2024.
Artificial intelligence continues to advance in both efficiency and accuracy, with its integration accelerating across various industries.
To glean insights, Gradient AI conducted a survey among 100+ customers across diverse insurance companies, revealing four noteworthy AI trends influencing the future landscape of the insurance sector.
Fueled by the power of artificial intelligence (AI) that now includes generative AI combined with traditional machine learning, the insurance industry is undergoing a profound shift.
AI can help in a big way but is not the sole solution. The key lies in integrating people-focused strategies with AI advancements.
Prodigy Health Insurance Services is set to leverage Gradient AI‘s underwriting solution to bolster its medical stop loss insurance offerings.
PEO selects insurtech to streamline its health insurance underwriting