AI adoption in insurance coverage accelerates, however ROI pressures loom: KPMG

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AI adoption in insurance accelerates, but ROI pressures loom: KPMG

What are the three phases of worth?

Based on KPMG, the “allow” section emphasizes constructing AI foundations by appointing accountable executives, creating AI methods, figuring out high-value use instances, rising AI literacy, and making certain regulatory alignment. This section additionally includes launching AI pilots, using cloud platforms, and leveraging pre-trained fashions with minimal customization.