Hemaprasanna, S (2025) INTERNATIONAL CONFERENCE PROCEEDINGS ON INSURE TECH INNOVATIONS: IMPACT OF AI AND DIGITALIZATION ON GLOBAL TRADE INSURANCE. INTERNATIONAL CONFERENCE PROCEEDINGS ON INSURE TECH INNOVATIONS: IMPACT OF AI AND DIGITALIZATION ON GLOBAL TRADE INSURANCE. p. 42. ISSN 978-81-985657-0-9

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Abstract

Technology is a magical term which makes work easy. An individual or entity without
updating technology cannot survive and succeed in this competitive environment. Similarly,
insurance industry also has the roots of updating technology through Artificial Intelligence.
Artificial intelligence is the application of computers in performing several specific functions.
In AI computers are made to think in the way the humans think. . Most importantly, AI in
insurance increases the trust of customers but the lacunae is that proper training has to be
given to employees for the application of AI in insurance industry. Insurance industry always
work for the development of economy. Updating of technology by the way of AI in insurance
indirectly paves the way for the development of the economy as a whole.

Item Type: Article
Uncontrolled Keywords: Technology, Artificial Intelligence, insurance industry
Divisions: PSG College of Arts and Science > Department of Commerce
Depositing User: Dr. B Sivakumar
Date Deposited: 25 Feb 2026 06:44
Last Modified: 25 Feb 2026 06:44
URI: https://ir.psgcas.ac.in/id/eprint/2650

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