Automation to improve insurers’ earnings by 37%, reduce staff numbers significantly


Robotic Process Automation is expected to improve insurers’ earnings by about 37 percent with staff numbers falling 20 percent in back office functions, according to a base case scenario by Royal Bank of Canada (RBC).

Royal Bank of Canada, Insurtech, Technology, Insurance, Direct Line, RSA, Allianz, AXA, Legal and General, Aviva

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