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Insurers identify this and find out the large prospective in integrating AI with their units to enhance statements processing, hazard assessment, and pricing. In accordance with the KPMG World Tech Report 2023, fifty two% of respondents discovered AI as the most critical engineering for reaching their ambitions in the approaching a long time.
Based on a Gartner report, as a lot of as 85% of AI initiatives are unsuccessful because of a lack of ideal info and infrastructure.
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