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Far-Reaching AI Impacting Insurance

The far-reaching nature of artificial intelligence is impacting so many sectors of life and it is impacting insurance.

 

Jay Peterson owns Peterson Insurance in Clinton and is the President of the Illinois Insurance Association Board of Independent Agents. He explains the data gathered from the devices and even vehicles is very far-reaching.

 

 

For Peterson, insurance has always been based in data but he doesn't know if this much data is a good or bad thing.

 

 

Peterson indicates not only are the devices we use able to give plenty of data that is shared across several sectors of society but the high-tech vehicles we drive now have all sorts of data that is stored and shared. 

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