Business News | Two Decades of Digitisation Failed to Cut Insurance Costs; AI Could Change That: McKinsey
Get latest articles and stories on Business at LatestLY. Two decades of investment in automation and digital technology have failed to bring down the insurance industry's overall cost burden, but artificial intelligence could finally change the equation by sharply reducing the cost of underwriting, claims and customer servicing, according to a McKinsey report.
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Business News | Two Decades of Digitisation Failed to Cut Insurance Costs; AI Could Change That: McKinsey Why it matters: AI News is moving the AI stack right now, and this update helps explain what changed for builders. Source: Latestly https://a2zai.ai/bytes/business-news-...
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