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Generative AI fuels ‘quantum leap’ in insurance technology innovation

September 22, 2023


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.

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