The Future of Insurance

The Future of Insurance – ITC Vegas 2024 Recap

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Description

After ITC Vegas 2024, I had to do a quick recap of the themes that stood out to me, and what I took from it.

Highlights from the Show

  • The winner for most-talked about buzzword? AI, obviously
  • The focus, however, was on AI for efficiency
  • An AI-enabled data company talked about the difficulty they have talking about improving UW results, so they only talk about efficiency when meeting with carriers, or they lose the audience (even though they have proof of positive L/R impact)
  • As an industry, I challenge all of us to actually push on the core of the business and not just go for the "easy" sell of efficiency 

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