AI a game changer for insurance

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The ability of AI to process vast amounts of data with unprecedented speed and accuracy is transforming the insurance industry. PHOTO | SHUTTERSTOCK
 

The ability of artificial intelligence (AI) to process vast amounts of data with unprecedented speed and accuracy is transforming the insurance industry in Kenya.

Through machine learning algorithms, underwriters can now analyse historical data, detect patterns, and predict future risks for any product with greater precision.

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Note: The results are not exact but very close to the actual.