USD 49.3 billion — that is the projected value of the AI in insurance market by 2032.

According to EY, 83% of insurers are prioritizing AI initiatives that offer both immediate gains and long-term value.

But with such massive potential, the question is: where should investors focus their resources?

Leading the charge are three key use cases:

• Enhanced underwriting to streamline processes and improve efficiency

• Predictive risk assessment for more accurate forecasting

• Data-driven insights that enable personalized recommendations and smarter decision-making

How does your AI strategy align with these industry-defining trends?

Author

AiUTOMATING PEOPLE, ABN ASIA was founded by people with deep roots in academia, with work experience in the US, Holland, Hungary, Japan, South Korea, Singapore, and Vietnam. ABN Asia is where academia and technology meet opportunity. With our cutting-edge solutions and competent software development services, we're helping businesses level up and take on the global scene. Our commitment: Faster. Better. More reliable. In most cases: Cheaper as well.

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