Playbook: How AI enables insurers to thrive in the face of economic downturn

Insurance

The insurance sector in Europe and the Americas continues to boom. The Mapfre Economics Research Department forecasts that the insurance business will continue to grow above the trend of recent years. Despite facing difficult times. The market is facing a transformation process due to regulations and technology known as Big Data. The previous global events and the inevitable generational change push this industry to implement digitalization and offer the public a competent and cutting-edge service.

While organizations find meaningful ways to leverage large volumes of data, bad or poor-quality data create hindrances. Staying organized and keeping data healthy and running is critical to business. Duplicate, outdated, inaccurate, incomplete, or inconsistent data can greatly impact efforts to grow profitably...