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The Rise of AI in Revolutionizing the Insurance Industry
This chapter explores the growth of generative AI in the insurance industry, with a focus on enhancing processes like claim management through automation, indexing, and analysis of medical records. Weistock's innovative use of AI-powered tools to improve the efficiency of medical document review and claims adjustment is highlighted. The discussion also emphasizes the importance of addressing data privacy, transparency, and ethical considerations in utilizing AI technology within the sector.