Dar es Salaam, April 14 -- Artificial intelligence (AI) is transforming industries worldwide, and the insurance sector is no exception.

Traditionally known for lengthy and manual processes, the industry is now embracing AI to enhance efficiency, improve customer experiences, and streamline operations.

A prime example is underwriting—the process of assessing risk and determining policy costs.

In Tanzania, this has historically been labour-intensive, relying on manual data analysis and paperwork. AI automates data collection and analysis, making underwriting faster and more accurate.

Machine learning models predict risk with greater precision, enabling competitive pricing and personalized coverage. AI-driven underwriting also redu...