Artificial Intelligence Is the New Face of Insurance

Vancouver, Kelowna, and Delta, British Columbia--(Newsfile Corp. - September 15, 2022) - Investorideas.com, a leading investor news resource covering technology and AI stocks releases a special report covering the growth in AI technology utilization in the insurance industry, featuring FatBrain AI (LZG International Inc.) (OTC Pink: LZGI). AI technology utilization in insurance has been spurred partly by the changing work landscape caused by COVID-19 and businesses now adopting some form of remote work options as well as the general adoption of technology in the workplace and at home and how big data collection can work with AI to allow for more effective and customized insurance solutions. A recent article from Mkinsey.com titled "Insurance 2030-The impact of AI on the future of insurance" discussed how AI technology is currently impacting the insurance landscape as "AI's underlying technologies are already being deployed in our businesses, homes, and vehicles, as well as on our person. The disruption from COVID-19 changed the timelines for the adoption of AI by significantly accelerating digitization for insurers. Virtually overnight, organizations had to adjust to accommodate remote workforces, expand their digital capabilities to support distribution, and upgrade their online channels. While most organizations likely didn't invest heavily in AI during the pandemic, the increased emphasis on digital technologies and a greater willingness to embrace change will put them in a better position to incorporate AI into their operations."