Insurance Innovation Using AI Tech: How Artivatic is disrupting Insurance?
blog.artivatic.ai
Insurance is one of the most lagging behind industry in terms of Innovation but for last 3 years, Insurance sector is seeing the growth. In recent times, the awareness for insurance among the millennial population is steadily growing. While earlier people used to shy away from insurance, today, individuals are choosing to insure their life, health and other belongings through different life and non-life insurance plans. While motor insurance is compulsory, term insurance, ULIPs and health insurance products are also finding favour among many. That’s why the Indian insurance market has seen a positive growth over the last years. Even within the last year itself, insurance companies have posted impressive growth in the total amount of premium collected by them.
Insurance Innovation Using AI Tech: How Artivatic is disrupting Insurance?
Insurance Innovation Using AI Tech: How…
Insurance Innovation Using AI Tech: How Artivatic is disrupting Insurance?
Insurance is one of the most lagging behind industry in terms of Innovation but for last 3 years, Insurance sector is seeing the growth. In recent times, the awareness for insurance among the millennial population is steadily growing. While earlier people used to shy away from insurance, today, individuals are choosing to insure their life, health and other belongings through different life and non-life insurance plans. While motor insurance is compulsory, term insurance, ULIPs and health insurance products are also finding favour among many. That’s why the Indian insurance market has seen a positive growth over the last years. Even within the last year itself, insurance companies have posted impressive growth in the total amount of premium collected by them.