b"SEQUEL ARTO WILLEMSENARTIFICIAL INTELLIGENCE DRIVING GROWTHWillemsen adds, 'Given the extensive use of data within the insurance market, the utilization of advanced data analytics and Artificial Intelligence (AI) will continue to surge. Algorithmic models enable swift processing of vast amounts ofAI ARTIFICIALdata. Insurers can more accurately assess risks and adjust premiums accordingly. AI facilitates improved and fairer pricing, while also resultingINTELIGENCEin substantial time and cost savings. Given the considerable investments associated with AI and the challenge of attracting talented young individuals, the effective application of AI relies on scalability. Our international expansion is intrinsically linked to this notion. While customer needs may vary across Germany, Belgium, and the Netherlands, AI disregards national boundaries when it comes to understanding customers andTRANSITIONING TO THE NEXT PHASE: THE predicting their requirements. AI compels us toELUSIVE ENDGAMEevolve into a European insurance platform.' 'To conclude, we must contemplate the longevity of traditional insurance. Insurance products are MEETING CUSTOMER EXPECTATIONS BEYONDbased on two fundamental principles: uncertainty PROMISES and solidarity. If Artificial Intelligence proves Willemsen remarks, 'Each year, a considerableits mettle in the coming years, the realm of number of businesses are impacted by fires,uncertainty will gradually diminish, transforming with nearly half of them facing bankruptcyinsurance products into financing mechanisms. within two years. The significance of promotingAs we collectively strive to prevent losses, the fire-safe practices and ensuring businessloss ratios of insurance policies will decrease, continuity cannot be overstated, as customersprompting a shift from insurance coverage to often seek more than just a financial safetyinvestments in prevention. A prime example is net. This is where intermediaries play a pivotalAkzoNobel's sensor-equipped paint, capable of role. Unlike insurers who offer mere promises,detecting heat and preventing fires at an early insurance intermediaries can provide crucialstage. Some argue that the ongoing consolidation advisory services, particularly in areas such asin the Dutch insurance market indicates an fire prevention, accident mitigation, and damageendgame. However, in my opinion, the market is control. The true value lies in preventing fires andprogressing into the next phase.' enabling entrepreneurs to resume their business activities promptly after an incident.'BHB DULLEMOND"