Conning Survey on AI Usage Just Published – – Insurance Edge
Some trends on AI take up across the insurance chain are analysed in this new report;
Conning, a leading global investment management firm, today announced findings from its third annual Survey on AI & Insurance Technology, AI in Insurance: The C-Suite Verdict. The report highlights how U.S. insurers are increasingly integrating artificial intelligence into their workflows across impact areas, prompting a shift toward upskilled workers and key implications for cyber risk management.
“With 90% of the respondents in some stage of Generative AI evaluation and 55% in early or full adoption, Generative AI has shown the strongest uptick amongst all AI technologies. Insurers are ramping up their investment in and adoption of AI as an integral part of their workflow,” said Manu Mazumdar, Head of Data Analytics and Insurance Technology, Insurance Research at Conning and author of the report.
The survey reveals several trends in AI adoption across the industry, including:
“Across the value chain, AI is already increasing efficiency and accuracy in areas like operations, claims, and underwriting, and we expect its impact to continue growing as insurers innovate further in the years to come,” Mazumdar added.
Conning’s Survey on AI & Insurance Technology gathers responses from top US C-suite executives and decision makers who “greenlight” the adoption of these emerging technologies. 44% of this year’s survey came from executives in Life / Annuity insurers and an equal percentage came from Property and Casualty insurers. The remaining came from primarily executives of multiline insurers.
For more information on AI in Insurance: The C-Suite Verdict, a key study for insurance industry executives, visit here or contact (888) 707-1711.
One Inc Teams Up With LIDP on Seamless Payments
Conning, a leading global provider of risk and capital management software and advisory solutions for the investment industry, today introduced its new cloud-enabled Investment Optimizer (Cloud-IO) software. Cloud-IO is a next-generation tool that provides institutional […]
This site uses Akismet to reduce spam. Learn how your comment data is processed.
Enter your email address to subscribe to Insurance Edge and receive notifications of new posts by email.
We are interested in the latest news, new products, partnerships and much more, so email us at; editorial@insurance-edge.net. READ MORE….
Copyright © 2025 | MH Magazine WordPress Theme by MH Themes
Subscribe now to keep reading and get access to the full archive.
Continue reading
