AI Is Making Waves, But Insurers Still Have Adjustments To Make

Talk to many leaders around the insurance industry, and one technology trend stands out as poised to make a big impact in 2017: Artificial intelligence.Consider that two of the Global Insurance Accelerator’s 2017 Cohort class of six (FindBob and MotionCloud) offers AI as part of their core offering. They and other companies entering the insurance sector can thank to the amount of (big) data insurers have been collecting over the past decades, as well as the recent increase in computing power and sensors everywhere, for paving the way for this development. Much of the hype around AI relates to underwriting.