AI in banking and insurance
Artificial Intelligence (AI) is driving innovation and digital transformation across all industries. This includes creating new products and enhancing existing ones, increasing process efficiency, helping businesses make informed decisions, optimizing tasks, etc. When employees are relieved of stressful and monotonous work by automating complex and routine tasks, they can focus more on imagining, innovating, and creating. Companies are striving to incorporate AI, and those that don’t won’t last the next decade.
It is indeed challenging to adopt a technology that evolves continuously and innovates at the same pace, especially with the context of the hurdles faced by the insurance and banking industry. But AI is changing this sector through use-cases.
Read the whitepaper to know more!