ReferIndia News Agentic AI may help insurers reduce cost, complexity of tech modernisation: Report

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Agentic AI may help insurers reduce cost, complexity of tech modernisation: Report

Published on: May 8, 2026, 3:30 p.m. | Source: The Tribune

Agentic AI presents an opportunity to fundamentally transform how technology modernisation is carried out in the insurance industry by helping companies address long-standing challenges related to cost, complexity and operational risks, according to a report by McKinsey & Company.

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