CEO of Arturo, an AI-powered platform that derives property insights and predictive analytics from aerial and satellite imagery.
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They say that every gray cloud has a silver lining, so we can assume that the grayest cloud in recent memory — the pandemic — has a silver lining of its own. Artificial intelligence (AI) and data analytics, for example, were two areas that flourished during the lockdown and will continue to grow.
A P&C Industry Case Study
During the pandemic, one of the biggest challenges for many businesses was the limited amount of time that could be spent in person with clients. While few industries remain that still rely on manual processes, property insurance is certainly one of them. When lockdowns forced property and casualty (P&C) insurance professionals to assess properties and fulfill claims remotely, firms that were previously bogged down by paper-based and in-person tasks needed to adopt more digital and remote workflows to…