Recent advancements in artificial intelligence are helping insurers and auto repair shops accelerate processes and eliminate much of the excess back-and-forth negotiations required to resolve vehicle damage claims.
These new models combine specialized solutions and tailored offerings to serve overlooked segments, such as gig and part-time workers, associations and businesses looking for new ways to address rising costs.
By combining human expertise with AI’s processing power, carriers can make progress in achieving a balance between efficiency and accuracy in underwriting.
When it comes to buying life insurance and annuities, very few consumers understand how the financial markets and interest rate environment impact the risks associated with their purchase.
Advisors struggle when it comes to their own retirement.
If wealth management is such an important tool for long-term growth at insurance firms, why have we seen a trend of industry consolidation and wealth arm selloff over the past 10 years?