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      "text": "The ability to leverage gen AI to read 100% of submissions allows insurers to better assess risk, quote and write more policies—and do it all more quickly and cost effectively.",
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      "text": "Consider the insurance industry, where companies scaling strategic bets in underwriting are forecasting significant gains over the next 18 months. For example, these companies expect a 16% increase in labor productivity, on average; a 16% decline in their organizational costs; a 14% increase in revenue; a 14% increase in customer satisfaction; a 12% increase in capital efficiency; and a 12% increase in employee satisfaction.",
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      "text": "Utilizing a new set of solutions that it created, Accenture is working with QBE Insurance Group, a multinational insurance company headquartered in Sydney, to scale industry-leading, AI-powered underwriting solutions replicated across multiple lines of business, to help QBE make faster, more accurate business decisions. A series of board, executive level and all-employee learning sessions were conducted to help drive the design and build the solutions that analyze new business submissions for completeness, appetite check and risk evaluation insights. The company can now process 100% of the submissions that it receives from brokers, greatly accelerating market response time.",
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