How does Insurtech attract investors?
by SMEBOOK (admin) · January 30, 2021
Artificial Intelligence plays a significant role in changing the insurance industry. The use of smart tools by insurance buyers has given insurers access to clients' personal information. This allows insurers to serve them with tailor-made policies. AI-based technology also enables companies in fraud detection. It allows individuals and businesses to access insurance products and services quickly, saving precious time and eliminating the age-old frustrations of buying insurance. This attracts investors to invest in this emerging insurtech industry.
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