In a landscape where traditional industries are often slow to adapt, insurers are cautiously embracing generative AI, following the footsteps of major banks. Recent insights from Evident’s inaugural insurance industry AI index reveal that firms like AXA, Allianz, and Manulife are not just experimenting with AI but are actively integrating it into their core operations. This shift marks a significant step towards broader business transformation, as these companies invest in talent, training, and technology to harness the potential of AI.