CTO / Technology
Berkshire’s Jain on GEICO Profit: ‘Don’t Take It to the Bank’; Tech Needs Rebuild
Even though Berkshire Hathaway's GEICO achieved a 93 first-quarter combined ratio, an enviable result measured against industry peers, the leader of Berkshire's insurance operations said the figure ...
Google Search vs. ChatGPT AI: Which Should P/C Insurers Use?
Whether you're a casualty underwriter trying to investigate the most recent lawsuit filed against a potential insured or a journalist doing fact checking on recent events, a search engine like Google ...
Eyes Wide Open: A ChatGPT Users’ Guide for Insurance Professionals
OpenAI's ChatGPT will give you some pushback if you ask it how to commit a crime—like breaking into someone's house. But a little creative coaxing can elicit a "misaligned response" from the ...
Preventing DDoS Attacks in the Global Insurance Sector
Every year (and at times, every month), cybercriminals continue to adapt their attack methodology, and businesses in the insurance sector need to be especially vigilant of the current threat ...
How Carriers Can Use Business Intelligence to Find the Right Agency Partners
These days, there is no shortage of conversations around the importance of data—how to collect it, how to analyze it and how to act on it. Businesses have access to vast amounts of information that ...
AI Leaders Urge Labs to Halt Training Models More Powerful Than ChatGPT-4
Artificial intelligence experts and industry leaders, including Elon Musk, University of California Berkeley computer science professor Stuart Russell and Apple Inc. co-founder Steve Wozniak, are ...
Fact vs. Fiction: ChatGPT, Large Language Models and the Power of AI
Artificial Intelligence (AI) has been a hot topic for the past 10-plus years, enabled by constantly increasing adoption of cloud technologies and modern approaches to data management. Applications of ...
Bold Movers and Losers: Incumbents Need to Act While InsurTechs Stumble
At a time when InsurTechs face major headwinds and incumbent insurers benefit from market tailwinds, it's time for the traditional insurers to make bold strategic moves, McKinsey partners said in a ...