Artificial intelligence in auto insurance will give more power to car owners

April 1, 2022 12:16 AM

We are witnessing an exciting time in the automotive industry.

As innovation is reaching new heights with connected and autonomous vehicles, the auto insurance industry is also experiencing its own evolution, using technology to enhance the way road accidents and damages are handled, saving people time and money and improving the often stressful experiences of handling the aftermath of accidents.

A transformation is badly needed in the insurance industry.

In addition to poor customer experiences when making claims, some $25 billion goes unaccounted for each year due to adjuster costs, fraud, delays in repair shops and more. Innovation can change that -- and it is already starting to.

Read the full article by Ron Soreanu in Automotive News Europe here.

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