PB Fintech has announced a 92% surge in profit after tax (PAT) for the first quarter of fiscal year 2027. The company attributes this growth to its leadership in the insurtech sector, driven by advancements in artificial intelligence.
According to PB Fintech, AI has played a crucial role in enhancing their operational capabilities and market position. The company has not disclosed further specifics on how AI advancements were employed.
Original Source: https://za.investing.com/news/company-news/pb-fintech-q1-fy27-slides-92-pat-surge-ai-drives-insurtech-leadership-93CH-4409049