The age-old problem of natural disasters, coupled with the 21^st Century rise of the digital native generation and fintech start-ups, have redefined what customers expect from financial institutions. These changing demands have made real-time decisions more crucial- and costly- for the insurance and finance sectors alike. But A.I provides the solution-

Through machine learning and computer vision, we help you avoid the hazards of established rules by learning through example. An insurance company that can take policyholder-uploaded photos from an accident in real time and instantly respond with a repair estimate is an insurer that sees lower claims costs, creates a stress-free experience and can more accurately underwrite risk. In short? They’re an insurer who is 21^st Century ready.

Here’s what the data already shows us about the effects of adopting A.I for the insurance sector:

* According to McKinsey reports, A.I can generate $1.1trillion in additional value for the insurance industry.

* Switching to A.I from the traditional, paper-based claims management process can save up to 80% of premiums revenues.

* Firms who’ve adapted A.I technology to identify insurance fraud have saved $6 million and seen ROI increase by over 200% in a single year as a result.

A.I is the way for any insurance & finance firm to get the leading edge and deliver unbeatable value to their customers.