Artificial intelligence
Insurers are increasing investments in generative AI by 300%
Half of CEOs view AI as an opportunity, whilst the other half see it as a risk.
Insurers are increasing investments in generative AI by 300%
Half of CEOs view AI as an opportunity, whilst the other half see it as a risk.
Only 28% of APAC insurers prepared for AI shift
Half of insurers attribute poor customer experience to limited technology adoption.
CEOs see 3-5 years for AI investment returns
Yet, also over half (57%) of organisations see AI as a vital tech.
Why are few companies opting for AI-specific insurance?
Ransomware and phishing now worry 35% of executives.
Insurers eye AI's dual role in risk and opportunity
AI vendors can become single points of failure.
How is APAC leading with AI to fight insurance fraud?
74% of respondents reported that fraud cases are either stable or increasing.
How insurers can harness AI for enhanced risk assessment
Generative AI augments decision-making and hyper-personalization.
AI drives insurance productivity, faces scaling challenges
Scaling efforts are hindered by regulatory, data, and governance challenges.
Synthetic data to power 40% of insurance AI by 2027
Addressing privacy and bias concerns through innovative data use.
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Insurers need cultural overhaul in digital push
![Insurers need cultural overhaul in digital push]()
Digitalisation seeks to simplify processes, not complicate things.
Digitalisation seeks to simplify processes, not complicate things.
