Generative AI in the insurance and reinsurance sector

According to a global survey conducted by research firm PwC, involving 4 701 business leaders from 109 countries and territories, 54% of CEOs in the insurance and reinsurance sector have observed improvements in employee efficiency thanks to generative artificial intelligence (GenAI).

On the other hand, only a third of these CEOs are highly confident in the integration of this new technology into their company's key processes.

Industry professionals consider that emerging technologies, geopolitical changes and the climate transition are revolutionizing the way the global economy operates.

If they want their business to thrive, managers and executives need to adapt their growth strategy to new technological changes.