A survey of senior decision-makers at U.S. property/insurance companies shows most (59%) believe the industry will be powered by artificial intelligence in the future.
Nearmap, a provider of location intelligence services, released a survey, The Next-Gen Risk Readiness Index: P&C Insurance, which examines emerging risks faced by P/C insurers, and how technology plays a role amid challenges like climate change, fraud and inaccurate property assessments.
According to the survey, 69% of P/C professionals agree that severe weather is disrupting the industry, leading to increased claims and financial losses, while 67% of P/C insurers believe that