Source: Wall Street Italia

Wall Street Italia explores the rapid integration of AI technologies in the Italian insurance sector (insurtech), highlighting both the innovation and the legal challenges that come with it. The article presents data on AI-driven services like dynamic risk assessment, fraud detection, and automated claim processing.

Experts emphasize the legal implications regarding consumer protection, data privacy, and regulatory compliance. The piece underscores the need for transparency in algorithmic decision-making and careful consideration of liability when AI tools are used to deny claims or calculate premiums.

The report also mentions the potential for AI to revolutionize customer experience and improve operational efficiency, while calling for updated legal frameworks to accompany this transformation.