Fears of AI tool’s impact on insurance sector cause Mapfre to suffer on stock market

Mapfre

Intermoney | The worst-performing stock on the Ibex35 at the end of yesterday’s session was Mapfre (down 3.02%), dragged down by the rest of the European and US sector following yesterday’s launch of an AI tool by an online insurance purchasing platform, which has created some fear in the current context of sensitivity to possible disruptions from Artificial Intelligence.

The online insurance platform Insurify announced the launch of an AI-powered comparison tool built on ChatGPT.

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