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The adoption of GenAI is set to reshape the insurance value chain – Boston Consulting Group’s Paul Brenchley

The adoption of GenAI is set to reshape the insurance value chain – Boston Consulting Group’s Paul Brenchley

He discussed how insurers can leverage GenAI, especially in building new O2O channels to stay competitive in a digital-first world.

Event News

Insurance companies risk missing $160b without AI scale

Those who successfully deploy AI invest about 30% more in AI capabilities than peers.

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China's personal insurance sector to grow 5% to 10% annually

Pension and health products are expected to account for 50% of the market by 2035.

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India's insurtech revenue grows 12-fold to $750m over five years

Despite this, 45% of medical expenses are paid out of pocket.

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Insurance value creation rises amidst regional disparities

Asia Pacific contributed just over $100b to the five-year total.

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Why insurers have a $10t role in mobilising the climate transition

Howden and BCG said insurance premiums are projected to rise by 50% by 2030.

News

Boston Consulting Group urges health insurers to do better

There are six critical questions insurers must ask themselves to stay aligned.

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Omnichannel models outperform lead-to-sales conversion rates fourfold

Only 1 in 8 want a fully digital journey, but 7 in 10 want part of their insurance journey to be digital.

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