Future of AI & Analytics for Insurance Virtual Summit (2nd Edition) 2023 | Group Futurista | 24 August 2023 | Virtual

The insurance sector has been transformed by the power of AI and analytics, and the benefits of these technologies are becoming increasingly clear. According to a recent report, the use of AI and analytics in the insurance sector can result in significant improvements in efficiency, profitability, and customer experience. The report states that AI-powered chatbots and virtual assistants can handle up to 80% of all customer inquiries, resulting in faster response times and improved customer satisfaction. Moreover, It are also being used to analyze vast amounts of data to identify patterns and trends. This can help insurance companies develop new products and services that are tailored to the needs of their customers. A report found that 86% of insurance executives believe that AI will significantly change the industry in the next three years. Fraud detection is another area where AI and analytics are having a significant impact. However, by using advanced algorithms to detect fraudulent claims, insurance companies can save millions of dollars annually. A recent report found that 56% of insurers are already using AI and machine learning for fraud detection. Finally, AI and analytics are also being used to improve the underwriting process. In conclusion, the future of AI and analytics in the insurance sector is bright. With the potential for significant improvements in efficiency, profitability, and customer experience, we can expect to see more sophisticated AI-powered solutions that will transform the way insurance companies operate.

Who should attend?
• Digital Experience
• Senior DevOps Engineer
• Business Analytics
• Cloud Automation
• Apps Developer Engineer
• Chief AI & Analytics Officer
• Intelligent Automation AIOps
• Cloud Management
• AIOps & DevOps