Insurance 2030—The impact of AI on the future of insurance

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elcome to the future of insurance, as seen through the eyes of Scott, a customer in the year 2030. His digital personal assistant orders him a a vehicle with self-driving capabilities for a meeting across town. Upon hopping into the arriving car, Scott decides he wants to drive today and moves the car into “active” mode. Scott’s personal assistant maps out a potential route and shares it with his mobility insurer, which immediately responds with an alternate route that has a much lower likelihood of accidents and auto damage as well as the calculated adjustment to his monthly premium. Scott’s assistant notifies him that his mobility insurance premium will increase by 4 to 8 percent based on the route he selects and the volume and distribution of other cars on the road. It also alerts him that his life insurance policy, which is now priced on a “pay-as-you-live” basis, will increase by 2 percent for this quarter. The additional amounts are automatically debited from his bank account.
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Bridge Benefits Group is a results-driven Workplace Benefits firm specializing in optimizing cost-effective retirement and benefits programs for small, medium, and large businesses and non-profits. With 40 years of combined experience working in the benefits industry, our mission is to bring customized benefits solutions that suit the goals and mission of your company or organization.    Disability Income Insurance
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