$50 billion opportunity emerges for insurers worldwide from generative AIs potential to boost revenues and take out costs Bain & Company
Generative AI: Emerging Risks and Insurance Market Trends By leveraging the wealth of information gleaned from customer profiles and preferences, insurers can strategically recommend additional insurance products. This personalized strategy not only enhances the overall customer experience but also proactively addresses evolving needs. In essence, generative models in customer behavior analysis contribute to the creation…