AI Trends in the Insurance Industry for 2020 and Beyond

Typically, as an industry, insurance is not at the forefront of innovation and technology. Regulation and compliance rules in a risk-averse sector that deals with many legacy systems do not equate to forward-thinking. However, in recent times, substantial interest in the term “Insurtech,” according to Google Trends, suggests things are changing. Insurtech uses innovation and technology to gain savings and efficiency in the current insurance industry framework.
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