AI still far from being foundational part of claims process: LMC panel
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AI still far from being foundational part of claims process: LMC panel

Panellists said the industry must be deliberate in setting a strategy for the right outcomes.

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It is too early to assess AI’s impact on the claims process, and most firms are trialling the technology for low-value, replicable tasks, according to Janine Powell, claims director at the Lloyd's Market Association (LMA).

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