By leveraging large data sets and advanced algorithms, AI can automate processes, improve risk assessment, detect fraud, optimize pricing, and improve claims management. Adopting AI can reduce costs, improve efficiency, and enhance the customer experience. Insurance executives should stay abreast of emerging capabilities; those who embrace AI will gain a competitive edge.

This report profiles 120 solution providers that offer AI capabilities or incorporate AI into their solutions. It also provides a framework to categorize the solutions. The profiles are based on Datos Insights’ research and the knowledge of insurance practice senior principals. The report is not meant to be exhaustive, and in fact, the AI space is evolving so rapidly as to make an exhaustive inventory impossible. Rather, it is intended as an overview of AI solution providers in North America that Datos Insights sees as noteworthy for their technology approaches or business models.

Clients of Datos Insights’ Life, Annuities, & Benefits and Property & Casualty services can download this report.