How Insurers can use AI to increase profitable growth

As with many industries, Artificial intelligence (AI) has emerged as a powerful tool to rethink processes, challenge the status quo and transform the entire insurance industry.
24 July 2024
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Thomas Cozzolino
Chief Strategy Officer
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The 3 levers of profitable growth

3 keys to profitable growth

1. Creating new products that customers actually want to buy

2. Retaining customers and keeping them satisfied

3. Performing underwriting to remain competitive

How can Insurers use AI and ML to Improve profitability?

New data-powered insurance products

Hyper-personalized support to drive stickiness

AI: the Underwriter’s new best friend

How to start your AI-powered insurance strategy

Get your data management house in order

Identify use cases before solutions

Identify your key partnerships

Consider your core team

Do not neglect change management

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