New data from Juniper Research forecasts that the value of AI underwritten insurance premiums will exceed $20 billion by 2024, up from an estimated $1.3 billion in 2019. This growth will be driven by streamlined underwriting processes, faster customer onboarding and reductions in operational costs enabled by AI. According to the research, Insurtech: Impact Assessments,… Continue reading Juniper Research: Global AI Insurance Premiums to Exceed $20 Billion by 2024
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