“With the introduction of our primary auto capabilities, Starr Indemnity is now positioned to provide workers compensation, auto and general liability to their clients,” says Jim Vendetti, SVP and chief underwriting officer. “Starr Indemnity’s ability to provide a one-stop solution to our producers and clients distinguishes us from many of our competitors in the space in which we operate.”
This year's 83% adoption rate is up from last year, but trails 2023's high of 92%.
Junior underwriters can gain support for their work from AI, and data handling to support underwriting improves, said insurance risk management experts from Cytora, Scor and AXA XL.
Analyses show that generally speaking, companies that deploy AI the most are also recruiting more humans.
AI-powered platforms have collapsed the production timeline for a professional TV commercial from weeks to hours. But the agents who are getting real value out of TV advertising right now aren't just putting campaigns out. They're building frameworks for reading what comes back.
A quick quote and great customer experience does the rest.
Despite growing adoption, research shows that agents and brokers struggle to integrate AI into their daily workflows.
