&N Dream up the future lab.

Envision the future
with Nomura Research Institute

Gen AI is revolutionizing the insurance industry by enhancing efficiency and customer experiences. With global spending on Gen AI projected to reach $143 billion by 2027, leading Japanese insurers like Mitsui Sumitomo, Meiji Yasuda, Sumitomo Life, and Dai-ichi Life are integrating this technology to streamline operations and boost productivity. Despite being in its early stages, Japan's Gen AI adoption shows promise, requiring a long-term approach to address bias, privacy, and governance. The future holds significant innovations, driving growth and efficiency through human-AI collaboration.

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