Insurance and Robotic Process Automation (RPA) Robotic_Process_Automation_RPA_in_Insurance__UiPat

INSURANCE IN THE AGE OF INTELLIGENT AUTOMATION The current age has brought new economic and technological challenges for the insurance industry. The digital revolution has swept up trends, companies and, ultimately, societies entirely. Consumers have changed and diversified their needs. Recent worldwide political and social changes have also weighed in, being connected to low interest rates cropping up and fluctuating regulatory transformations. All these things pose certain risks for companies and can potentially modify the industry’s overall structure. Insurers must adapt to and adopt new technologies such as RPA, to stay relevant and remain compliant with both national and international regulations, while delivering more consumer-centric services.