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The integration of AI-powered analytics in assessing property risks represents a significant advancement in the insurance industry's approach to natural disasters. While traditional methods have relied heavily on historical data and broad risk assessments, tools like ZestyAI's Severe Convective Storm suite offer a more granular, proactive means of evaluating potential damages.
How do you perceive the role of AI in transforming risk assessment within the insurance sector? Do you believe that such technologies will lead to more accurate underwriting and better pricing for consumers, or are there concerns regarding the reliance on AI-driven models?
Read the full story [here].
How do you perceive the role of AI in transforming risk assessment within the insurance sector? Do you believe that such technologies will lead to more accurate underwriting and better pricing for consumers, or are there concerns regarding the reliance on AI-driven models?
Read the full story [here].
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