InsurTech weekly - “AI in insurance” is more than a trend, it can materialize!

Explore BCG’s insights on AI-driven advantages in insurance, Simon Taylor’s analysis of European payment rails, and McKinsey’s take on Open Source’s role in scaling AI adoption—highlighting key strategies shaping the future of financial services.

_{1/ AI-based competitive edge in insurance}

The first article is a report the Boston Consulting Group (BCG) put together on how insurers are already benefiting from AI technologies. It measures how incumbents are doing with AI, details where they have launched initiatives alongside the value chain and highlights how much leaders are ahead of their peers in terms of ROI.

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_{2/ European payment rails}

The second article is an essay Simon Taylor put together on the European Union's efforts to build an alternative to US payment rails. He has a look at previous initiatives in that space, which mainly failed and highlights why FinTech should rather be the answer.

_{3/ Open Source in the age of AI}

The third article, published by McKinsey, explores the benefits for corporates to leverage Open Source solutions to build their own tech stack while they increasingly leverage Generative AI technologies in their business processes and functions.