Allianz's travel insurance division plans to reduce 1,800 positions across Europe as artificial intelligence transforms operations, CEO Tomas Kunzmann announced at a Munich event.

Allianz plans to cut as many as 1,800 jobs in its travel-insurance arm as AI replaces call-centre and claims work, according to Reuters.

July 8 : Allianz's travel insurance division will cut up to 1,800 jobs due to the growing use of AI, said Tomas Kunzmann, CEO of Allianz Partners, on Tuesday evening, confirming…