Filed under ai-in-insurance.

Santam's Claims Ledger Leaves the JSE

Sanlam's R20.7 billion offer for full control of Santam will end the most rigorous public record of AI in South African short-term insurance, at the moment the company committed to accelerating machine learning in underwriting and claims. No other insurer publishes the fixed ratios against which automated-claims statistics can be tested. The deal is commercially sound; the cost is the evidence series that had only just become worth reading.