Thanks to recent advancements in large language models (LLMs), an augmented human workforce is within reach. LLM agents are paving the way for the future of insurance automation. Insurance companies, employees, and customers all stand to reap the benefits.
Artificial intelligence can now write books, create code, and generate art. But what can AI do for underwriters? We’ve already looked at how generative AI can boost claims readiness; now let’s explore how AI assistants can help underwriters streamline decision-making, eliminate tedious tasks, and unleash their full potential.
The rise of generative AI has struck fear into the hearts of many. Whether you are an underwriter, an adjuster or an actuary, you may have worried that ChatGPT and other AI tools are coming for your job. However, you can relax: AI will not steal insurance jobs – rather, it will make them more meaningful, impactful and rewarding.
Your underwriters and claims professionals need better support. By supplying them with cutting-edge automation, you can reduce the amount of busywork they have. This improves the insurance employee experience and frees your intelligent, capable team members to focus on more impactful initiatives. Stop treating your claims professionals and underwriters like human middleware and start giving them the tools they need to succeed.
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