3 Advantages of Insurance Companies Adopting AI

As the capabilities of artificial intelligence (AI) are growing, insurers are finding new ways to capitalize on this technology. Here are some of the most prominent advantages of Insurance companies adopting AI. IoT (internet of things) refers to the interconnection of physical objects via the internet. These devices--things--are embedded with software and sensors for the purpose of connecting and exchanging data with other systems and devices over the internet. The internet of things includes devices such as Google Home and Amazon Echo.