Monday, 17 August, 2026
Out Sourcing the Grind: How AI Is Slashing Insurance Costs Without Replacing Humans
By TechShots Studio
According to a report by insurtech firm Get Covered, insurers are moving AI from pilot projects into core operations across underwriting, claims, fraud detection, and customer service. By taking over administrative chores like document analysis and photo-based damage evaluation, AI automates up to 80% of routine customer inquiries. This significantly cuts operational costs while allowing human professionals to focus on high-value, judgement-based decisions.
Read full story at CIO ECONOMIC TIMES