Today's competitive edge becomes tomorrow's industry standard
Mavera, a Verisk business
Helping insurers make accurate and efficient decisions
The transformation within the insurance industry has started!
Recent research by Reuters Events reveals a telling shift: While only 39% of organizations have invested in AI in recent years, a staggering 80% now plan to utilize Generative AI technology within the next 12 months.
This dramatic shift underscores the industry's readiness to embrace new technology and its astonishing possibilities.
So, where do insurance leaders focus on implementing AI? The most common response, from 23% of leaders, is in claims management.
The research concludes that insurance organizations not yet on board with generative AI risk falling behind, as today's competitive edge becomes tomorrow's industry standard.?
Change is upon us, and while it may bring challenges and learning curves, the risk of stagnation is far greater. No matter your stance on innovation, the industry's direction is clear.
Let's embrace this new era of claims management together. Ready to be at the forefront of this transformation in claims management? Discover how we can partner to innovate and streamline your operations.
Best wishes,
Viktor Norlander, Marketing Manager at Mavera
Mentor / Risk Analysis / Commercial and Political Risks Mitigation / Philanthropy / Alzheimer’s disease / Good Offices Procedures / Consul General Hon.
11 个月The future of ai is not only within claim management. By using AI and machine learning to analyze large amounts of data on customer behavior, lifestyle, and previous claims, insurance companies can offer more personalized and fair pricing. This means that customers will pay for insurance based on their individual risk levels instead of a standardized rate.