Augmenting human insights and striking an appropriate balance between maximizing work output and managing the emotional complexities inherent in workers’ compensation cases and claims is essential.
Trustpair cofounder Baptiste Collot delves into the evolving landscape of vendor payment fraud, AI’s role in facilitating this crime, and how his company is combating the threat.
Despite challenges related to cost, data quality, and bias, 66% of insurers plan to adopt AI in their operations this year, according to an EAIC survey.
Insurance CROs are optimistic about their ability to shore up their operational defenses in 2024 despite global economic headwinds, and complex emerging risks, EY/IIF survey finds
The rise of generative AI and Large Language Models (LLMs) heralds a new era in cyber risk, potentially enabling more effective and widespread cyber-attacks, warns a recent report from Lloyd’s.
Conning survey reveals a surge in AI adoption within the insurance industry, with large language models leading the tools being explored for sales, underwriting, and claims processing.
The insurance landscape will continue to evolve as leaders predict we will see a focus on hyper-personalization, embedded insurance, and the humanization of AI.