The use of data is helping to deliver speedy and simplified insurance solutions to small businesses that lack the time to engage in a lengthy processes, said RingstedSean Ringsted, digital and risk chief at Chubb Group. Speaking in an interview during the InsureTech Connect event in Las Vegas, Sean Ringsted said that data, AI and machine learning is where insurtech companies become valuable to the insurance industry.
The use of data is helping to deliver speedy and simplified insurance solutions to small businesses that lack the time to engage in a lengthy processes, said Sean Ringsted, digital and risk chief at Chubb Group. Speaking in an interview during the InsureTech Connect event in Las Vegas, Ringsted said that data, AI and machine learning is where insurtech companies become valuable to the insurance industry.