Swiss Re has introduced an artificial - intelligence powered platform aimed at the restaurant and bar industry . The platform is designed to use data from existing and new customers to streamline the onboarding and renewal process of policyholders . With the power of artificial intelligence, big data, and image processing, Planck Re cuts out the manual work for underwriters and opens up new opportunities for insurance companies to digitally onboard customers, service their claims, and monitor changes in the business." The firm says the use of this technology will allow potential policyholders to be provided with a quote in seconds . Underwriters , on the other hand , will be able to save their time for more complex and specialist cases .
Swiss Re has introduced an artificial - intelligence powered platform aimed at the restaurant and bar industry . The platform is designed to use data from existing and new customers to streamline the onboarding and renewal process of policyholders . The firm says the use of this technology will allow potential policyholders to be provided with a quote in seconds . Underwriters , on the other hand , will be able to save their time for more complex and specialist cases .