AI is Taking Over Insurance and Brokers Who Ignore It Will Be Left Behind

For centuries, insurance has been the backbone of commerce, providing businesses with the confidence to take risks and grow. Yet despite its foundational role, the industry itself has struggled to modernize. Burdened by legacy systems, fragmented data, and manual workflows, commercial insurance remains a sector where inefficiencies cost brokers and carriers billions of dollars each year. Now, artificial intelligence is beginning to change that quickly and decisively. Rather than small, incremental improvements, AI is enabling a complete transformation in how insurance is processed, managed, and optimized. Outmarket AI, a newly launched insurtech startup founded by Vishal and Anshu Jain, is at the forefront of this shift, offering a platform designed to integrate AI-driven automation dir