THE TRANSFORMATIVE IMPACT OF AI AND GEN AI ON THE INSURANCE INDUSTRY
Gen AI, holds the potential to revolutionize the insurance industry by merging human creativity and ways of interpreting data with artificial intelligence. Unlike traditional technologies, Generative AI goes beyond optimizing existing data. Not only can it infinitely combine data sets, but it also learns from it which is different than other types of automation. With this capability, Gen AI will provide novel and creative outputs for any user.