{"id":1025500,"date":"2026-08-01T09:27:53","date_gmt":"2026-08-01T03:57:53","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1025500"},"modified":"2026-08-01T10:25:10","modified_gmt":"2026-08-01T04:55:10","slug":"ai-helps-insurers-cut-onboarding-costs-speed-up-claims-processing-mckinsey","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/08\/01\/ai-helps-insurers-cut-onboarding-costs-speed-up-claims-processing-mckinsey\/","title":{"rendered":"AI helps insurers cut onboarding costs, speed up claims processing: McKinsey"},"content":{"rendered":"<p>New Delhi [India], July 31 (ANI): Artificial intelligence (AI) is helping insurance companies improve sales, reduce customer onboarding costs and process claims more accurately, according to a report by McKinsey. <\/p>\n<p>The report said insurers adopting a domain-based AI strategy have recorded a 10-20 per cent improvement in new-agent success rates and sales conversion rates, along with a 10-15 per cent increase in premium growth. Customer onboarding costs have declined by 20-40 per cent, while claims processing accuracy has improved by 3-5 per cent.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi [India], July 31 (ANI): Artificial intelligence (AI) is helping insurance companies improve sales, reduce customer onboarding costs and process claims more accurately, according to a report by McKinsey. The report said insurers adopting a domain-based AI strategy have recorded a 10-20 per cent improvement in new-agent success rates and sales conversion rates, along with a 10-15 per cent increase in premium growth. Customer onboarding costs have declined by 20-40 per cent, while claims processing accuracy has improved by 3-5 per cent.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[91,4,24],"tags":[],"class_list":["post-1025500","post","type-post","status-publish","format-standard","hentry","category-it-2-the-tribune","category-newspapers","category-the-tribune"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1025500","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1025500"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1025500\/revisions"}],"predecessor-version":[{"id":1025548,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1025500\/revisions\/1025548"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1025500"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1025500"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1025500"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}