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4 key AI Predictions for 2025
- Based on the close collaborations between Fadata and its clients, the major trends that Fadata predicts will shape the future of insurance are Internalization, Prevention, Cloud Migration, Embedded Insurance, Ecosystem Development and Talent Transformation.
- Insurers are looking to streamline operations, reduce costs, and boost data security which can be achieved by the enhanced control of processes that internalisation affords.
- Proactive risk prevention is becoming a cornerstone of the insurance industry, thus prevention-driven insurance models can reduce claim frequency and create opportunities for insurers to engage with policyholders in more meaningful ways.
- Fadata expects more insurers to adopt technology that enables them to leverage the data required to deliver prevention-driven insurance.
- Cloud-based solutions are making digital transformation more cost-effective and serve as the most effective host to make the best use of digital tools, supporting more seamless integration of third-party technologies.
- Embedded insurance is becoming a major catalyst for transforming the insurance landscape as it makes insurance more integrated, accessible, and customer-centric.
- The main drivers for leveraging digital ecosystem models in 2025 are improving customer engagement and broadening market reach.
- As the industry embraces Artificial Intelligence, data analytics, and automation, there is a rising need for talent skilled in data science, cyber risk, and technology integration.
- Fadata has over 30 years of experience working with insurance companies all over the world, identifying exactly what the industry needs to be efficient in daily business and to successfully progress.
- Enter the Digital Transformation Awards 2025 here.
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