Nearly 75% of UK Underwriters Cite Poor Data as the Biggest Barrier to AI Transformation, According to CI&T & Reuters Report
The report, Strategising for the AI Insurance Revolution, draws on original
Other key findings from the study include:
- Efficiency over personalisation: Just 15% of claims leaders believe greater personalisation will significantly improve customer satisfaction, compared with 41% prioritising streamlined internal processes and 39% favouring a blend of digital and human touchpoints.
- AI as a cost shield: 60% of claims leaders believe AI-led efficiency will be crucial to offset rising claim costs and premiums.
- Sandbox before scale: Insurers are adopting Generative AI cautiously, testing in sandbox environments to mitigate risks such as hallucinations, bias, and data privacy breaches.
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Proven ROI in action:
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Working with
CI&T ,Mitsui Sumitomo (part of Asia’s largest insurance group) saved £800,000 annually and cut quotation times by 54% through strategic modernisation. - A leading Brazilian insurer cut SME onboarding time by 46% and achieved a 26% fraud denial rate, automating 2.2 million claims.
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Working with
“AI’s success in insurance won’t be determined by how advanced the algorithms are, but by the quality and accessibility of the data that feeds them,” said
With deep experience in the insurance sector,
Download the full report here .
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View source version on businesswire.com: https://www.businesswire.com/news/home/20250909909413/en/
Media contacts:
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Ana Livia Jardine,
analivia.jardine@ciandt.com
liam.stoker@thomsonreuters.com
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