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The Actuary The magazine of the Institute & Faculty of Actuaries
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Automation spending to more than treble in five years

Insurance companies will spend more than three times as much on automation in five years than they do today, according to forecasts by Juniper Research.


18 JULY 2019 | CHRIS SEEKINGS
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Automation offers cost and time savings ©Shutterstock


In a report published this week, the researchers predict that insurers’ spending on robotic process automation will increase from $184m (£148m) to $634m by 2024.


Read the full article here on our Predictions site.


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