AI opens the door to faster claims for home insurance - TechHQ

Insurance technology brings in more innovative solutions for homeowners and insurers thanks to artificial intelligence (AI). AI is disrupting the industry by allowing for faster and more user-friendly claims and creating more transparent and customized policies that suit the client's situation. This replaces the traditionally long and painful process of getting a claim or settling for a one-size-fits-all property insurance policy. AI Property from Tractable, for example, allows anyone with a smartphone to access damage quickly and efficiently to buildings caused by hurricanes, floods, and other natural disasters. Use its mobile-friendly web-based app to take photos of the external conditions and submit them to Tractable's AI platform, trained on an extensive database of claims and damaged property.