AI progress in insurance is being slowed less by the technology itself than by legacy systems, unresolved accountability questions and procurement cycles that can't keep pace, executives warned
Despite low penetration and high out-of-pocket healthcare costs, India’s insurance market is poised for sustained double-digit growth across life, non-life and health segments, says Allianz.
AI’s payback period may be longer than expected, as costs, timelines and benefits remain difficult to separate and quantify, industry experts said at ITC Asia.