The advent of generative artificial intelligence (AI) has not only transformed the insurance industry’s view on artificial intelligence and machine learning (ML), but it’s also become a driving force for insurtechs to speed up their innovation and develop increasingly adaptive and AI-driven systems.
“The generative AI buzz has caused a quantum leap in the belief in what an AI-powered system could and should do for someone running a business,” said Yaron Lavie (pictured), vice president of products at Earnix, a global software provider for the insurance and banking industries.
