In this edition, we discuss the growing role of artificial intelligence (AI) in the life insurance industry, based on research conducted by our own generative AI tool, Gallagher AI.
Over the last several years, AI has begun its journey of becoming an integral part of life insurance business activities such as underwriting, claim handling and customer service.
Underwriting in life insurance involves assessing the risk of insuring a potential policyholder considering various factors including their age, medical history, lifestyle habits and more. AI has the potential to streamline this process by significantly enhancing speed and accuracy.
To learn more details about artificial intelligence in the life insurance industry, please read the full newsletter.
