Role of AI in buying and renewing motor insurance or any other insurance

With the advent of technology, it has become easy for insurance companies to carry out insurance renewal and other processes. Over the years, artificial intelligence has developed to a great extent, making it possible for companies to carry out tech driven operations in an easy way, including the insurance industry. With the impact of AI, application of machine learning, data modeling, the entire insurance process has been smooth, thereby increasing customer satisfaction to a great level. AI has played a major role in the motor insurance industry, making it easy for companies to carry out car inspection processes, thereby automating purchase, claims and renewal processes to a great extent. The Motor Vehicles Act, 1988 makes it mandatory for a vehicle owner to drive with a valid car insurance policy.