Property and casualty (P&C) insurance, also known as non-life or general insurance, refers to a range of coverages including property insurance that covers items such as automobiles, homes, or commercial buildings, as well as casualty insurance that covers legal liability for injuries or losses incurred by a third-party individual or business.
Robotic Process Automation (RPA), especially when combined with artificial intelligence (AI) to support intelligent automation, can accelerate the efficiency of underwriting and claims processing, in addition to reducing fraud and enhancing service, according to a new report by the Everest Group.
