April 5, 2025
Generative AI’s Big Wins in Insurance: But What About the Risks?
The Property and Casualty (P&C) sector has experienced a remarkable turnaround, flipping a $8.5 billion underwriting loss in Q1 2023 into a $9.3 billion gain in Q1 2024, with a combined ratio of 94.2%—below 100% indicates an underwriting profit. But in a constantly evolving market, staying ahead requires insurers to rethink their technology strategy and…
Barbara S