ET BFSI | 08 October 2023
Visualize a scenario where auto insurance isn't just a yearly affair, but a dynamic monthly arrangement tailored to individual driving patterns. This paradigm is not the fruit of sheer imagination but a reality being moulded by machine learning models.
If you're in the insurance sector, you've likely felt the weight of an age-old conundrum: how to ensure precise risk underwriting while ensuring the broadest coverage. It's the tightrope act central to the very heart of insurance.