Artificial Intelligence Roadmap for Indian Insurance Industry

Artificial Intelligence application project is mostly considered as a technology implementation project. But it is a project of the entire industry and its more for the systems related to operations. Merely automating the workflow, use of latest technology, adopting integrated systems etc. are not artificial intelligence. This book focuses on importance of AI algorithms in implementation of AI in Insurance Industry and insists that mere implementation of some AI tools in the organization does not provide any benefit of AI. It brings the need of business process re-engineering by incorporating AI into it to reap the real benefits of artificial intelligence. It discusses some of the important changes AI implementation can bring in the Indian Insurance Industry. This book also discusses about some of the challenges in Indian Insurance Industry. These challenges are related to the industry as well as the society. It tries to propose an AI roadmap for Indian Insurance Industry considering the challenges of the industry and the nuances of AI techniques so that AI adoption can help in overcoming these challenges.