10 Artificial Intelligence Startups in Insurance - Nanalyze

With somewhere around 2,000 artificial intelligence (AI) startups out there, applications have been identified across every single sector you can think of. While few industries are as mundane as insurance, it starts to become interesting in the context of using AI in insurance. On one hand, the predictive powers of AI threaten to all but replace human actuaries resulting in reduced labor costs and more accurate predictions. On the other hand, autonomous cars threaten to decimate traditional auto insurance premiums. The insurance industry is roughly divided into Life, Health, and Property & Casualty (P&C).