
Two decades of digitisation failed to cut insurance costs; AI could change that: McKinsey
Devdiscourse reports on a McKinsey finding that two decades of digitisation largely left insurers' cost bases intact, but AI - applied to underwriting, claims and servicing - could materially compress expense ratios. For executives this means prioritising data operations, model g

:max_bytes(150000):strip_icc()/51040171881_37bd13f7e7_o-cd0c46345a6a4a0e9385e1e8c07c4b71.jpg)

