The Future of Commercial Insurance
Small and medium-sized enterprises (SMEs) represent the vast majority of the world’s business fabric. In Spain, 99.84% are companies employing fewer than 250 people. They therefore represent a huge market for insurers, and there is now a real opportunity to offer a next-generation customer experience. The SME insurance market is worth $11 billion, but there […]
What is Expected in 2024 from the Insurance Sector?
It is evident that the insurance industry in 2024 will undergo significant transformations compared to the previous year. The introduction of emerging technologies such as artificial intelligence will continue to bring changes to the industry, offering opportunities to enhance customer service, reduce costs, and refine risk assessment. It is expected that more companies will leverage […]
The role of AI in commercial insurance
One of the definitions of Artificial Intelligence provided by Forbes is “A branch of computer science dealing with the simulation of intelligent behavior in computers.” We believe that the combination of AI with commercial underwriting models can get incredible results, that is why today we would like to talk about the role of AI in Commercial Insurance. New […]
