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News, information and commentary about how today’s insurance executives, agents, brokers, actuaries, risk managers, underwriters and carriers can capitalize on AI, machine learning and robotic process automation to advance their business.
Digitization can't occur in a vacuum. Its success hinges on an insurer's ability to harness an innovative mindset at every level of the organization.
The question to ask is not which AI technologies are valuable but rather where they are most valuable in the enterprise.
The order in which insurers implement AI technologies could impact how effective they are for the business.
As insurers begin to realize initial benefits from telematics implementations, additional return on investment becomes even more viable.
Clearview AI, which provides photographic information to law enforcement, faces nearly a dozen privacy class-action lawsuits in New York and Illinois.
Insurance firms that focus on artificial intelligence can leverage innovation to attract a new generation of professionals.
The guidelines emphasize the importance of accountability, compliance, transparency, and safe, secure and robust outputs.
One of Blockbuster's biggest failures was that it failed to harness the latest technology to achieve digital transformation.
Emerging tech is helping to make massive loads of claims data more useful for adjusters to enable better outcomes.
What can companies do? The first answer is to have plans in place for when AI causes harm.