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An average worker spends 1.8 hours daily gathering and aggregating data, a task that is redundant and doesn’t have a direct impact on business success. The insurance sector, along with retail, are the main beneficiaries of this technology. Juniper Research predicts that almost a half of the insurance sector will invest in RPA by 2024. RPA refers to rule-based software bots that can perform repetitive manual tasks, such as extracting claims data, aggregating client information from various internal and external sources.