Key trends shaping the life insurance industry in 2024

August 7, 2024 by Hari Srinivasan

Even though 2024 is nowhere near finished, the year has already seen major advances in the life insurance industry. Innovative companies are implementing AI-powered technology into the underwriting process, resulting in fast applications, instant offers, and personalized policies. As a result, the way people get life insurance has changed for good.

Welcome to the era of artificial intelligence. Although deep learning algorithms have revolutionized industries of all kinds, this technology is playing a particularly important role in the life insurance sector, spurring an increase in digital direct-to-consumer platforms.

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Originally Posted at InsuranceNewsNet on August 2, 2024 by Hari Srinivasan.