Emerging Role of Agentic AI in Designing Autonomous Data Products for Retirement and Group Insurance Platforms

Abstract

Over the past two decades, intelligent automation technology has garnered increased interest and investment, with the capability to transform legacy businesses into digital enterprises. The insurance industry has the most significant potential to leverage these technologies to improve its data-driven decision-making processes. Data products—decision models, segments, and scores of customers—play a pivotal role in automating the key business functions of an insurance enterprise. As the financial services industry rapidly moves towards digital transformation by leveraging high-fidelity data, creating autonomous data products becomes an important future for future-ready insurance companies. In this paper, we examine the emerging role of agentic AI in designing autonomous data products for retirement and group insurance platforms. We build on our decades-long experience working with insurance companies in building cutting-edge data products and designing and developing enterprise-grade retirement and insurance platforms.