Insurance has 5 problems – and AI isn’t one

Insurance has 5 problems – and AI isn’t one

Industry experts identify top technology predicaments facing insurance leaders and how to address themCARY, N.C., Aug. 20, 2024 /PRNewswire/ — While billions trust their lives and livelihoods to insurers every day, the insurance sector itself is facing an existential crisis.Record losses due to more frequent and severe natural disasters have skyrocketed premiums and deductibles. Carriers face significant backlash as policyholders scramble to find coverage in abandoned, high-risk markets….
Read More…

Source: https://www.prnewswire.com/news-releases/insurance-has-5-problems–and-ai-isnt-one-302226083.html