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The company said automated scraping by agents such as Muse can strip carrier quotes of contextual details needed for informed insurance decisions.
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A GlobalData poll shows underwriting leads expected AI gains as AXA Hong Kong expands AI use across insurance operations.
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GlobalData finds 24.4% of insurance professionals view a lack of internal expertise as the biggest challenge to implementing AI.
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Signorelli will take charge of AIG's commercial insurance operations across North America and Latin America & the Caribbean.
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The deal builds on an existing partnership between the two companies.
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The company said the new funding will go towards developing its AI-native technology platform.
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The insurer has also been appointed Orange Sky’s exclusive community recovery support partner.
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