At a recent industry conference in Prague, K2G’s Head of Insurance Data & AI, Salvatore Scuderi, opened his keynote with a striking image: a 40-million-franc Formula 1 car trapped in city traffic, crawling behind a delivery van. This, he explained, is the exact state of Artificial Intelligence in the insurance sector today.
Instead of fundamentally rewriting our workflows, companies apply AI in isolated patches. We accelerate single tasks but leave the overarching data infrastructure choked. We have automated the sprint while leaving the marathon completely untouched.
The real cost of data archaeology
Walk into almost any underwriting department, and you will see highly skilled experts navigating a maze of legacy core systems, emails, and hidden spreadsheets. They spend a mere one-third of their working day applying their specialized judgment.
The remaining two-thirds are wasted on manual data archaeology — finding, opening, copying, and pasting numbers. As Salvatore stated on stage, Ctrl-C and Ctrl-V have become the two most expensive keystrokes in Switzerland. Humans have essentially become the glue holding legacy IT architectures together.
From manual workshops to digital assembly lines
The solution isn't building a complex, unexplainable "black box". The future lies in deploying a specialized team of digital colleagues. K2G's ecosystem of Cleansing, Modelling, Orchestrator and other agents securely handles the heavy data lifting, allowing human experts to reclaim their time for critical judgment.
Ready to clear the traffic jam in your operations and give your team their judgment time back?
Click here to try K2G AI today and request your custom platform demo.