6 min read
The art of integrating transformational AI – key considerations and approaches
Artificial Intelligence (AI) is no longer a peripheral or “emerging" technology for insurance companies.
AI has gone mainstream
Change is accelerating
Transformation is the key
1. Adopt an open ecosystem
"Touchless claims [are] not rocket science. It's about using the right technology with the right partners at the right moment with the right use case. You cannot try to do everything in-house. In the 21st Century, it's all about ecosystems and collaborating with the right partners. Using AI technology, such as the one provided by Tractable, positions us as a true innovator in Spain, and it's very well appreciated by our customers because it has a really good fit with what our customers are looking for when working with Admiral."
2. Calibrate to your business
3. Verify core capability
4. Partner on delivering ROI
“Tractable is far more advanced than anything else out there. They’re a great partner and dug in to understand the specific needs of our organization, and moved fast to take us all the way from initial testing to production at scale. Tractable is obsessed with positive results and realizing any ROI." Yogi Shivdasani, VP of North America Supply Chain, LKQ