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Infographic | April 13, 2020

Artificial Intelligence in Insurtech: Reshaping the Insurance Industry

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13, 2020

Artificial Intelligence in Insurtech: Reshaping the Insurance Industry

An insurance firm recently released a claim within seconds using its bots. Sounds hard to believe! The new wave of Artificial Intelligence in the insurance industry is going to bring this paradigm shift where adopting advanced, seamless digital solutions will process the claims rapidly. The technology will not only improve the customer experience but also aid insurance companies in better risk assessment and real-time damage prevention. This infographic gives you a detailed overview on how artificial intelligence is disrupting every area of the insurance value chain. Check the picture below on how AI is helping to improve operations.

artificial intelligence in insurance industry

AI for Insurance is helping companies streamline business functions and improve the overall user engagement.

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XcelPros is a Chicago-based company delivering transformation through technology. We offer business and technology solutions with deep industry experience in Chemical, Pharma, Life Sciences (including Medical Devices, Bio-Medical & Biotech), Insurance, Discrete Manufacturing, Process Manufacturing, Distribution and Food & Beverage.

XcelPros is a Direct Cloud Solutions Provider (CSP), Microsoft Partner and a Systems Integrator (SI) offering software licensing, implementation and consulting services for Microsoft Dynamics 365, CRM, Microsoft Dynamics AX, Business Intelligence & Analytics (Power BI), SharePoint, Office 365 and Azure (Cloud, IOT, AI, Microsoft Flow amongst many others).

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  2. Help companies create change and deliver efficiencies that matter.
  3. Care about outcomes and not just projects.

Our Belief - Technology is the key enabler of exponential growth for us and our customers.

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All statements and/or opinions expressed in this article were based on experience and / or third party materials available to the authors which formed the basis of such statements/opinions. XcelPros does not warrant the accuracy, completeness, or reliability of such underlying information (or the Company’s interpretation thereof) which has formed the basis of the Company’s and/or author’s opinion. We strongly recommend that you consult an expert from XcelPros before you take action as a result of this collateral.

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