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    Axa bets on AI for £600 million boost

    3 days ago

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    Axa anticipates generating annual benefits of €500 to €700 million (£428 million – £599 million) from AI by 2029. The insurance firm aims to enhance efficiency through automation in underwriting, claims management, and customer interactions. This strategy is part of Axa's efforts to improve competitiveness and financial performance in the evolving insurance market.
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