Artificial intelligence has become the hottest investment in health care. And insurance giants are scouring Silicon Valley to find the next startup to change the future of insurance. The entry of Amazon, JPMorgan Chase and Berkshire on the health care scene has re-energized talk of real change. Those scenarios in health care and insurance underscore what's happening globally, across all industries: digital disruption. In fact, 80% of business leaders believe digital disruption is coming to their industry, according to a report by Harvard Business Review Analytics and Microsoft. Many companies have already been affected.

This story was delivered to BI Intelligence "Fintech Briefing" subscribers. To learn more and subscribe, please click here. The UK branch of major multinational insurer Ageas announced on Thursday that it is adopting AI technology to help with motor claims handling. The AI tool, "AI Approval," has been developed by fintech Tractable, and integrates with the insurer's systems to automate and speed up the claims management process. AI Approval uses algorithms to analyze images of cars that have been involved in accidents and require payouts to cover repair costs, and decides within seconds whether a claim is valid -- such analysis is typically a manual process carried out by the insurer's engineers.

This story was delivered to BI Intelligence "Fintech Briefing" subscribers. To learn more and subscribe, please click here. Insurtech continues to be an active segment of fintech, with startups emerging in all areas of the industry, including within the life insurance space. One such insurtech, Israeli firm Atidot, is now bolstering its capabilities, announcing the launch of its cloud-based, predictive data analytics platform for incumbent life insurers on Wednesday, according to a press release seen by BI Intelligence. Atidot says its platform can help life insurers better leverage their data to more accurately predict their policyholders' behavior, and adjust their business strategies more effectively.