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  • $15 billion of the insurance industry is at risk from AI, BofA says

    $15 billion of the insurance industry is at risk from AI, BofA says0

    Investors who shrugged off last month’s artificial intelligence (AI) scare in the insurance sector might want to brace themselves for a reality check. A new report from BofA Global Research estimates more than $15 billion in insurance industry commissions are considered “low complexity” and face a not immaterial risk of AI disintermediation. In other words:

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