Last year brought major attention to artificial intelligence within the auto and insurance industries.

With over 4.5 million car crashes and $871 billion in economic loss and societal harm in the U.S. annually, the impact of AI on the insurance industry will be significant, both in operational improvements and in a better customer experience. Insurance players such as Ageas, Mitchell International and some of the largest U.S. auto insurers are already leveraging AI to impact millions of policyholders.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.