Artificial intelligence (AI) is helping insurance companies improve sales, reduce customer onboarding costs and process claims more accurately, according to a report by McKinsey.The report said insur… [+2557 chars]
Home » Blog » AI helps insurers cut onboarding costs, speed up claims processing: McKinsey
Recommended For You

DeepSeek Reportedly Suspends Funding Round Ahead of IPO
DeepSeek Reportedly Suspends Funding Round Ahead of IPO
Chinese artificial intelligence startup DeepSeek has reportedly paused its second round of funding. That’s according…

Johnson Noncommital on CFPB Funding in Confirmation Hearing
Johnson Noncommital on CFPB Funding in Confirmation Hearing
President Donald Trump’s nominee to head the Consumer Financial Protection Bureau (CFPB), Capital One executive Brian Johnson, said Thursday (July…
Cytora and InformData Join Forces to Embed Verifiable People Data into Commercial Risk Processing
Cytora and InformData Join Forces to Embed Verifiable People Data into Commercial Risk Processing
London, UK, July 23, 2026 (GLOBE NEWSWIRE) -- Cytora , the leading digital risk processing…

Medical AI Startup OpenEvidence Weighs $200 Million Funding Round
Medical AI Startup OpenEvidence Weighs $200 Million Funding Round
Medical-focused artificial intelligence startup OpenEvidence has reportedly considered raising $200 million at a $20 billion…

UPI MDR could raise business costs, hurt consumption if introduced: Experts
UPI MDR could raise business costs, hurt consumption if introduced: Experts
New Delhi: The debate over introducing a merchant discount rate (MDR) on Unified Payments Interface…

UPI fees explained: Why the government plans to revive MDR and who will pay
UPI fees explained: Why the government plans to revive MDR and who will pay
The central government is considering reintroducing a merchant discount rate on UPI transactions. This levy…

Why a $545 Slice of a Dubai Apartment Is the Biggest Story in Tokenization
Why a $545 Slice of a Dubai Apartment Is the Biggest Story in Tokenization
Explore more conversations like this From the Block. The blockchain industry has spent years promising…

Credit Unions Ask Fed to Freeze Debit Interchange Plan Until Courts Rule
Credit Unions Ask Fed to Freeze Debit Interchange Plan Until Courts Rule
America’s Credit Unions has called on the Federal Reserve to withdraw its 2023 proposed Regulation II changes to debit…