The COVID-19 pandemic has caused upheaval in virtually every corner of the business world. However, the insurance industry -- particularly the P&C insurance sector -- has been among the hardest hit. With underwriting income dropping by 86 percent in the first three quarters of 2020, the P&C insurance space is facing an economic crunch of unprecedented proportions. And as a result, P&C insurers are embracing advanced technology to find ways to minimize their losses and optimize their premium impact so that they can buoy themselves during this incredibly challenging period. With that in mind, below are a few ways in which P&C insurers are using AI to help them manage the ongoing COVID-19 economic crisis and to position themselves for future success as well.