Commercial Lines

AI has emerged as a formidable tool, particularly advancements in computer vision models and large language models.

While legal system abuse has long been a problem for insurers, private equity and AI are taking the problem to a whole new level.

The hard market/soft market cycle has reigned for decades, but COVID shocks and a host of new technologies may be ending it. 

Insurers are funneling $100 billion annually through their litigation departments--and the extent of litigation challenges has yet to fully manifest.

Automated processes, AI-driven solutions and digital platforms enhance efficiency while placing customer satisfaction at the forefront.

It may require a 50X increase in processing workloads, which means P&C insurers need a modern, cloud-based infrastructure.

The expected transition from an El Niño to a La Niña weather pattern sets up a potentially horrible Atlantic hurricane season. 

There is much to learn about how AI was used while we were eating buffalo wings and chips during the big game.