The Perks and Obstacles of AI Adoption in Insurance

Imagine that you are a leader at an insurance company. You know that artificial intelligence (AI) will give you a competitive edge and have decided to invest. You hired two brilliant data scientists, Juana and Yash. Juana develops an AI solution that scans digitized customer files, mines them for relevant information, and calculates accurate pay-outs. You project savings of over $1 million in the next 2 years, and 30% increased staff productivity.