President at Crawford & Company (Canada) Inc. | Senior Insurance Executive and Board Member | Innovation Enthusiast
There's no denying that AI is set to transform the #insurance landscape, but industry professionals are still figuring out the best possible use cases for the technology. For P&C insurers, AI shows the greatest potential for reducing transactional friction, enabling competitive pricing, and improving the customer experience. The tech is also speeding up underwriting, providing underwriters with more in-depth insights. As more insurance professionals adopt AI though, it's important to establish liability policies and ethical standards to ensure the tech is used with care and consideration. #InsurTech #AI #Insurance #Underwriting
