Machine Learning Survey 2017

This first-of-a-kind survey uncovers how insurance executives understand how the industry leverages Machine Learning today and how they expect Machine Learning to impact the industry in the near future. More than 75% of the insurers that responded to our survey see the investment in Machine Learning growing in the near future. 65% of respondents believe that Machine Learning will bring substantial change to the insurance industry in the next 3-5 years, with pricing & product development being the function that will be altered the most. Survey responses were collected online from 193 insurance professionals from companies that provide personal lines coverage in countries around the world. See some of the findings from the survey in this short video clip.