Insurance leaders say AI a top imperative but struggle to deploy it - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Property and Casualty News
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Advertise
    • Contact
    • Editorial Staff
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Life Insurance News
Property and Casualty News RSS Get our newsletter
Order Prints
April 2, 2025 Property and Casualty News
Share
Share
Tweet
Email

Insurance leaders say AI a top imperative but struggle to deploy it

By Press Release

NEW YORK - April 2, 2025 - Roots, creator of the agentic AI platform for insurance and InsurGPT™, the world's first generative AI model for insurance, today announced findings from its inaugural State of AI Adoption in Insurance 2025. The company surveyed more than 240 insurance executives to determine their AI adoption challenges and opportunities. Its report highlights those as well as emerging trends and provides recommendations for insurers to drive business growth and AI success.

Roots found that 82% of insurance executives are keenly focused on accelerating AI transformation to improve financial and operational performance, recognizing the significant positive impact it can generate. Results also indicate that insurers must upgrade and upskill technology and talent to meet their goals.

Key findings from the State of AI Adoption in Insurance 2025 survey include:

Insurance leaders are enthusiastic about the possibilities for AI.

  • Nearly 90% express a positive opinion about employing AI, and 67% identify as "strongly in favor."

A gap between AI exploration and practical deployments exists.

  • Over 90% of insurers are actively exploring, testing or using AI capabilities.
  • Only 22% of insurers have successfully deployed AI solutions in production.

Roadblocks to AI adoption exist and likely impact production deployments. 

  • Top concerns to AI adoption include skills and resource constraints (52%) data challenges (40%) and regulatory challenges (36%).

AI priorities vary across business functions.

  • Claims teams prioritize improving claims processing efficiency (72%), reducing claims cycle times (64%), and enhancing client satisfaction (45%) as their top three priorities for this year.
  • Underwriting teams aim to focus on increasing premium growth (75%), increasing speed to quote (53%) and lowering loss ratios (43%) in 2025.
  • IT Operations teams are working to integrate AI (or scale) throughout the business (65%), reduce operational costs (48%) and modernize the tech stack (45%).

Accuracy is the cornerstone of AI success. 

  • Insurers identified four essential success elements for AI initiatives: AI accuracy (71%), AI trained for insurance (45%), speed to ROI (43%), and speed to production (42%).

Underwriting and claims teams’ use cases focus on operational improvements. 

  • Top AI use cases focus on solving insurers' data problems and automating repetitive jobs, such as data/document processing (64%) and process automation (60%).

“Insurance executives recognize AI's transformative potential, and our survey shows they are prioritizing AI to enhance operational efficiency, lower costs and boost customer satisfaction,” said Chaz Perera, CEO and co-founder of Roots. “Underwriting, claims management and IT leaders are committed to making AI a pillar of their future success, despite challenges in adoption and deployment. The complexity of implementing AI underscores the need for strategic partnerships, external expertise and insurance-specific solutions to help guide insurers on accelerating the path to ROI.”

Roots also unveiled its new name, logo, and website this month. Formerly Roots Automation, its change is to highlight the company’s advanced AI focus.

Older

Nibbles Launches New Rewards Credit Card Offering Free Pet Insurance

Newer

BlackRock Inc. (NYSE: BLK) is a Leading Gainer in 4/2 Morning Trading

Advisor News

  • 2026 may bring higher volatility, slower GDP growth, experts say
  • Why affluent clients underuse advisor services and how to close the gap
  • America’s ‘confidence recession’ in retirement
  • Most Americans surveyed cut or stopped retirement savings due to the current economy
  • Why you should discuss insurance with HNW clients
More Advisor News

Annuity News

  • Guaranty Income Life Marks 100th Anniversary
  • Delaware Life Insurance Company Launches Industry’s First Fixed Indexed Annuity with Bitcoin Exposure
  • Suitability standards for life and annuities: Not as uniform as they appear
  • What will 2026 bring to the life/annuity markets?
  • Life and annuity sales to continue ‘pretty remarkable growth’ in 2026
More Annuity News

Health/Employee Benefits News

  • Hawaii lawmakers start looking into HMSA-HPH alliance plan
  • EDITORIAL: More scrutiny for HMSA-HPH health care tie-up
  • US vaccine guideline changes challenge clinical practice, insurance coverage
  • DIFS AND MDHHS REMIND MICHIGANDERS: HEALTH INSURANCE FOR NO COST CHILDHOOD VACCINES WILL CONTINUE FOLLOWING CDC SCHEDULE CHANGES
  • Illinois Medicaid program faces looming funding crisis due to federal changes
More Health/Employee Benefits News

Life Insurance News

  • Guaranty Income Life Marks 100th Anniversary
  • Delaware Life Insurance Company Launches Industry’s First Fixed Indexed Annuity with Bitcoin Exposure
  • Suitability standards for life and annuities: Not as uniform as they appear
  • Looking at Medigap supplements
  • What will 2026 bring to the life/annuity markets?
Sponsor
More Life Insurance News

- Presented By -

Top Read Stories

More Top Read Stories >

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Elevate Your Practice with Pacific Life
Taking your business to the next level is easier when you have experienced support.

ICMG 2026: 3 Days to Transform Your Business
Speed Networking, deal-making, and insights that spark real growth — all in Miami.

Your trusted annuity partner.
Knighthead Life provides dependable annuities that help your clients retire with confidence.

8.25% Cap Guaranteed for the Full Term
Guaranteed cap rate for 5 & 7 years—no annual resets. Explore Oceanview CapLock FIA.

Press Releases

  • ePIC Services Company and WebPrez Announce Exclusive Strategic Relationship; Carter Wilcoxson Appointed President of WebPrez
  • Agent Review Announces Major AI & AIO Platform Enhancements for Consumer Trust and Agent Discovery
  • Prosperity Life Group® Names Industry Veteran Mark Williams VP, National Accounts
  • Salt Financial Announces Collaboration with FTSE Russell on Risk-Managed Index Solutions
  • RFP #T02425
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Advertise
  • Contact
  • Editorial Staff
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet