Advancements in Natural Language Processing (NLP) technologies and edge Artificial Intelligence (AI) chipsets are now enabling sound processing technologies to be integrated at the end-device level, which could mitigate security and privacy concerns while ensuring enabled services can be delivered consistently without interruption.
Read MoreNew data from Juniper Research forecasts that the value of AI underwritten insurance premiums will exceed $20 billion by 2024, up from an estimated $1.3 billion in 2019. This growth will be driven by streamlined underwriting processes, faster customer onboarding and reductions in operational costs enabled by AI.
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