Generative AI in Insurance: Underwriting Use Cases

AI is nothing new for insurers; they have been using it to simplify processes and improve efficiency for years. For instance, carriers have leveraged AI to help forecast what types of claims a potential policyholder might file during the underwriting process.

But with the adoption of generative AI gaining steam, insurers are finding ways to augment these types of processes even further. ValueMomentum has compiled some key use cases for generative AI in underwriting for insurers to look into.

This infographic covers:

• Key use cases for generative AI in underwriting
• The business benefits of each use case