By leveraging Generative AI, insurers can automate up to 90% of claims FNOL filing, seamlessly manage TPA activities, automate 80% of manual tasks, reduce operational costs by 40%, increase digital sales by 150%, and more.
Explore how Generative AI is transforming the insurance sector and how it enhances automation, personalization, and innovation across core functions - claims filing, underwriting, adjustment, customer support, and more. It has the potential to address the common issues that insurers face - satisfying tech-savvy and demanding customers, emerging risks, increased competition, and regulatory pressures. Insurance companies can gain significant returns on investment (ROIs) by strategically adopting Generative AI. This whitepaper highlights how you can leverage Generative AI to innovate and position your firm as a leader in the insurance sector.
