Welcoming the machines: How insurers will drive value from machine learning

AI is clearly a hot topic for insurers. And, as Rick's article aptly points out, InsurTech startups are creating compelling new use cases and applications for data, algorithms and AI within the insurance space. It is, indeed, an exciting time for insurance. Yet many traditional insurers may read Rick's article with concern and potential fear. In a recent survey by KPMG International, 91 percent of insurance CEOs admitted being worried about the challenge of integrating automation, AI and cognitive robotics into their existing business and operating models.