Insurtech Trends 2026: How AI Is Transforming Claims and Underwriting
AI claims automation is scaling to production in 2026, with 65% of insurers planning deployments that resolve claims 75% faster—cutting average times from 30 to 7.5 days—and deliver 30-40% cost reductions amid a $23.5 billion insurtech market. Aviva's AI models reduced liability determination by 23 days, improved routing accuracy by 30%, and generated £60 million in value.
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RNN News Desk
worldfinanceinforms
AI claims automation is scaling to production in 2026, with 65% of insurers planning deployments that resolve claims 75% faster—cutting average times from 30 to 7.5 days—and deliver 30-40% cost reductions amid a $23.5 billion insurtech market. Aviva's AI models reduced liability determination by 23 days, improved routing accuracy by 30%, and generated £60 million in value.
Source: worldfinanceinforms. Original: https://www.worldfinanceinforms.com/technology/future-of-claims-automation-and-insurance-efficiency/
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