With the global Insurance AI market predicted to be worth $79.86 billion by 2032 (Precedence Research), it’s crucial to stay on top of investment trends, adoption case studies, and success stories.

To help with this challenge, Reuters Events surveyed 700+ carriers to discover their experiences on the integration of AI in insurance, producing a 10-minute read summarising the key stats in an easy-to-digest format.

Download the report here: The Future of AI in Insurance

This comprehensive infographic provides you with the insights you need to make informed investment decisions, including:

  • What percentage of insurers are currently investing in AI/are planning to in the next few years?
  • What are the prominent drivers and blockers for AI investment?
  • What areas are AI being applied to, and to what effect?
  • Has AI proved a worthwhile investment for companies so far?

Featuring commentary and meaningful interpretations of the data from industry thought leaders:

  • “…leading companies are the ones who have already have proper governance structures for AI use and have begun architecting their data systems and tech stack for embedded AI.” – Russell Page, CIO, Hagerty
  • “It’s not surprising that companies are finding "AI" hard to implement, especially when the key deployment areas are claims and underwriting, and the most mature technology vendors have non-industry-specific solutions. The easiest implementations of "AI" today are in summarizing and/or searching significant volumes of text with good, but not perfect, accuracy.” – Joe Emison, CTO, Branch Insurance
  • “AI is inherently neither good nor bad, neither right nor wrong – it’s the human interaction, interpretation, and use of AI that renders it one way or another.” – Rose Hall, SVP Head of Innovation, AXA XL

Download the full report to find out how your peers view this revolutionary technology, and benchmark your plans for progress against the rest of the industry.

Click here to view the report: The Future of AI in Insurance

Kind regards,

Alexandra Wilson
Project Director
Reuters Events

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