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Whitepaper – The Journey Towards AI: The Impact on European Insurers

83% of insurers believe AI will transform their role.   And it’s not surprising…AI creates a massive opportunity for insurers to be more customer-centric, mitigate against fraud, speed up claims and reduce labour costs.

The European insurance industry is changing rapidly, becoming more technologically advanced, diverse and innovative – and AI is key.  To stay in the game, you must be poised to take advantage of new technology opportunities, and be prepared to meet the challenges of the future.

But what does that mean practically, and what steps do you need to take to deploy machine learning and become the insurer of the future?  And how can you use it to automate processes and streamline your workforce?

To find out, download the whitepaper: “The Journey Towards AI: The Impact on European Insurers”

You’ll get exclusive insights from a collection of European data, IT and pricing experts, including:

  • Dan Fiehn, Group IT Director, Markerstudy
  • Svein Skovly, Head of Innovation, SpareBank 1 Insurance
  • Andrew McMurtrie, Head of Data Science, Direct Line Group
  • Hugh Kenyon, Head of Pricing Analytics, LV =

They give their thoughts on:

  • Customer: Harness the customer-centric benefits of AI in terms of treating customers fairly, predicting churn and proving product recommendations
  • Workforce: Compare example from across Europe and evaluate how AI can assist your staff, transform the make-up of your workforce and change skillsets
  • Fraud: Hear how leading insurers are already using machine learning to spot patterns of behaviour and mitigate against fraud

By reading the whitepaper you’ll unique insights into how to:

  • Harness the customer-centric benefits of AI in terms of treating customers fairly, predicting churn and proving product recommendations
  • Compare example from across Europe and evaluate how AI can assist your staff, transform the make-up of your workforce and change skillsets
  • Hear how leading insurers are already using machine learning to spot patterns of behaviour and mitigate against fraud
  • Get inspired to adopt a “insurtech mindset” and avoid fragmented innovation – make sure that you’re not creating a solution that’s looking for a problem!
  • Define the concepts: Identify when advanced analytics becomes machine learning, and when that morphs into AI

Source: InsuranceNexus

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