Sairam Bandi, Practice Lead & Architect of Digital Engineering at Value Momentum

For insurers, generative AI is no longer an innovation. It is becoming the core engineering capability by accelerating the API development, streamlining testing and enabling the smarter UI and UX design. It empower teams to deliver the digital solutions faster, more efficiently and at greater scale.

It starts with continuously measuring the impact of AI against the business outcomes while ensuring that the increased productivity does not come at the cost of quality or employee satisfaction. Success can be measured based on three key dimensions: productivity, quality and satisfaction.

Mostly insurers should focus on building the sustainable AI capabilities prioritizing the long-term business values not on the short-term productivity gains.

When used effectively, GenAI can accelerate application development at ValueMomentum. For example, our GenAI toolkit helps our teams to generate the user stories, creating the test cases and incorporating the security checks much earlier in the development life cycle.

The true value of GenAI is not about replacing the skilled engineers. It is empowering them to work smarter, scale their capabilities and focus on solving the complex business problems.