Artificial intelligence is slowly being incorporated into systems thatsupport underwriting and fraud detection.Insurance companies have been wary about implementing artificialintelligence. That's not surprising, considering that carrierstraditionally have been slow to adopt cutting-edge technologies, preferringinstead to wait until other industries have proven the technologies to beeffective.
But industry observers believe that the industry is ripe forapplications that use artificial intelligence. Fraud detection,underwriting and data mining tools are among an increasing number ofsoftware applications that are incorporating some form of artificialintelligence.
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