Digital Transformation Reshaping the Insurance Industry

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Source: Digital Transformation Reshaping the Insurance Industry

The insurance industry is undergoing a major digital transformation driven by technologies such as artificial intelligence, machine learning, blockchain, telematics, and advanced data analytics. Insurers are leveraging these innovations to improve efficiency, enhance risk assessment, personalize policies, and deliver faster, more accurate claims processing. AI and machine learning enable deeper insights into customer behavior and risk profiles, while blockchain and smart contracts.