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      REPORT
      Apple Intelligence: Shedding Light for Insurers
      Celent Flash Report
      29th June 2024
      //Apple Intelligence: Shedding Light for Insurers

      Outside of its voracious appetite for AI start-ups (over 30 acquired in 2023), Apple, in typical fashion, has had its generative AI (GenAI) initiatives in stealth mode until now. Its big reveal June 10 was highly polished and exploded with take-ways and implications. Apple’s market value jumped from $2.95 trillion (5/31) to $3.27 trillion (6/26).

      Insurers have learned from the launch of the iPhone and then Apple Pay (2014) that it is worthwhile keeping a sharp eye on what Apple is doing to change consumer behavior and raise the bar on customer experience. Hence, it is not too early for insurers to be thinking about the implications of Apple Intelligence.

      To assist our clients to quickly understand Apple Intelligence, Celent has set out to answer five key questions.

      Authors
      Jaspaul Saini
      Jaspaul Saini
      Principal Analyst
      Alenka Grealish
      Alenka Grealish
      Research & Advisory
      Jaspaul Saini
      Details
      Geographic Focus
      Asia-Pacific, EMEA, LATAM, North America
      Horizontal Topics
      Artificial Intelligence, Artificial Intelligence - Generative AI e.g. ChatGPT, Data & Analytics, Emerging Technologies, Innovation
      Industry
      Life Insurance, Property & Casualty Insurance