AI Update: AI and Insurance - Predictions for 2025
By EsqSocial Corporation 19/12/24
As set forth in the prior articles in the AI Update column of the Lonestar Lowdown, the insurance industry has adopted and implemented Artificial Intelligence in numerous ways. As this trend continues, Insurance Newsnet has the following predictions regarding how AI will impact insurers in 2025: 1. Insurers' key to success in 2025 is operational effectiveness. Pricing will no longer be a differentiator in 2025. To increase margins while keeping costs down, insurers will focus on bolstering...
By: Zelle LLP