AI integration propels insurtech sector despite funding slump
Scott Ham, CEO of Pinpoint Predictive, Inc., forecasts what insurance digitization will look like in five, 10 and 15 years.
Consumers will benefit from more personalized insurance offerings, quicker claims processing, and improved customer service experiences. (Credit: VideoFlow/Adobe Stock)
Global insurtech funding receded for the second straight year in 2023 as changing business models, coverage lines, and adoption trends like AI and machine learning flooded the sector.
Read more: https://www.propertycasualty360.com/2024/08/02/ai-integration-machine-learning-spearhead-insurtech-despite-funding-slump/?slreturn=2024092094740