Reinsurance News

Roots Automation

AI’s role in tackling inefficiencies in insurance data processing: Roots Automation

25th November 2024

Roots Automation’s recent whitepaper highlights how artificial intelligence (AI) can help insurers address the costly inefficiencies of processing unstructured data, ultimately improving underwriting and claims operations. The whitepaper underscores the significant losses insurers face due to inefficient underwriting and claims. In 2023, Property and Casualty underwriting losses surpassed $21 billion, according ... Read the full article