Roots Automation’s recent whitepaper highlights how artificial intelligence (AI) can help insurers address the costly inefficiencies of processing unstructured data, ultimately improving underwriting and claims operations.
The whitepaper underscores the significant losses insurers face due to inefficient underwriting and claims. In 2023, Property and Casualty underwriting losses surpassed $21 billion, according to AM Best. A major factor contributing to this is insurers’ difficulty in […]
AI's role in tackling inefficiencies in insurance data processing: Root Automation