Artificial Intelligence is making insurers smarter - Accenture Insurance Blog

The recent Efma-Accenture Innovation in Insurance Awards 2017 offered a valuable opportunity to learn how global insurers are leveraging digital technologies to transform themselves into everyday insurers. The innovations we saw are built on exponentially expanding digital technologies such as Artificial Intelligence (AI), Internet of Things (IoT), big data, analytics, and blockchain, and are being applied across the entire insurance value chain, from product development to claims. As customers come to expect increasingly personalized, on-demand service, insurers must evolve to meet their expectations. To that end, leading insurers are embracing new technologies to shape innovative business models and client value proposition. I strongly believe that those who will innovate at scale will be in a position to weather disruption and transform into everyday insurers.