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Product & Technology

Insurance is a chore. Chores get automated first.

The FCA's Mills Review finds insurance is where consumers use AI least today. That is exactly why it will be where they hand the most over to it by 2030.

Thomas Walker · GTM Director, Open Agentic

Insurance is bought the way people take out the bins: because it has to be done, not because anyone enjoys it. The products are close to interchangeable, the decision comes round every year, and the work is filling in the same answers again. Today that leaves AI little to add. Comparing prices is already solved, and the help people want from AI goes to the decisions that feel hard, such as pensions, investments, and debt.

1 in 3UK adults bought or switched vehicle or home insurance in the last year
About 8%used AI to help with it
Source: FCA, The Mills Review, July 2026, figure 11. Base: 5,026 UK adults.

Assistance is lowest exactly where delegation will be highest

Low use now is not a sign that AI will pass insurance by. It is the sign of where it will move fastest once it stops helping people decide and starts acting for them. A task nobody wants to do is the first one people are glad to hand over, and the review sets out how that hand-over happens: from the person doing the work with AI beside them, to AI doing the work with the person watching.

  1. L1Human as operator
  2. L2
  3. L3
  4. L4
  5. L5Human as observer
Levels of autonomy, adapted from the Mills Review. Between L2 and L3 the roles reverse: AI stops supporting and starts leading.

From customer experience to agent experience

When agents do the buying, the first visitor to an insurer's product is software, not a person. Distribution follows: products have to be readable by machines, quotable over an API, and safe to buy without the customer on the page. That is the shift Open is building for, with a product graph agents can read, and a safety harness that keeps the customer's own approval in the loop when the agent reaches the point of purchase.

Where will your customers start their journey in 2030? Talk to us about getting ready for it.