ow do insurance companies use AI to mitigate risk? How can AI be used to benefit or hurt consumers based on the type of data acquired?

Insurance companies are constantly evaluating their rates to determine how much to charge customers based on the probability of paying a claim. How do insurance companies use AI to mitigate risk? How can AI be used to benefit or hurt consumers based on the type of data acquired? Research at least one insurance company to see if there are any stories or case studies which support your analysis.






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