An executive AI study by Forrester, commissioned by FPT, reveals that AI is becoming an integral part of the insurance industry, with 40% of insurers allocating at least 10% of their IT budget to the technology. Yet despite strong investment and adoption, AI maturity remains low, with only 21% of insurers achieving enterprise-wide AI adoption. Limited access to high-quality, unified data remains a key barrier. To overcome these challenges, global insurers are turning to comprehensive, all-in-one platforms such as FPT’s iSuite to modernize operations, streamline underwriting and claims processes, and enable AI-first experiences.