Artificial Intelligence insurance premiums to hit $4.8 billion within 7 years

Amid growing public scrutiny and regulatory attention, the insurance industry sees both a challenge and an opening. “While there will be exceptions,” said Dirk Hahn, CEO of the recruiting firm Hays, “the rise of AI could constrain the recovery in some junior white-collar roles.” The impacts of automation are already reshaping workforces, and insurers are working to understand where the liabilities lie.