Insurance Will AI Replace Humans in Underwriting and Risk Assessment? infobima, February 23, 2024 Artificial Intelligence (AI) has become a buzzword in almost every industry, promising to revolutionize the way we work and live. In the realm of underwriting and risk assessment, AI has shown great potential to streamline processes, improve accuracy, and enhance decision-making. However, the question remains: will AI replace humans in… Continue Reading
Insurance How Telematics and AI are Shaping the Insurance Industry infobima, February 23, 2024 In recent years, the insurance industry has been undergoing a transformation, thanks to the advancements in technology. Two key technologies that are playing a significant role in this transformation are telematics and artificial intelligence (AI). Telematics, the combination of telecommunications and informatics, involves the use of sensors and GPS technology… Continue Reading