It is already clear that the technological trends impact the insurance value chain, and affect the way products are being sold, the underwriting, claims management or the predictive risk modelling space. It is believed that by 2035, more than 80% of the insurance policies will be sold digitally. A digital environment for both the policy holder and the insurance industry will eventually reshape the ways policy covers are being treated. The digital evolution will provide more risk coverage options, resulting in a new definition of the insured risks. Artificial Intelligence systems are currently heavily investigated for their impact on the insurance sector. As discussed in the recently published paper ‘AI and the opportunities and challenges it presents to insurability’1, Artificial Intelligence (AI), as part of a digital world, will play an important role in challenging the concept of insurability.
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