Navigating the AI Frontier: A How-To Guide for P/C Insurers
"In the midst of chaos, there is also opportunity." — Sun Tzu
We are living in an epoch of profound transformation and paradox, ...
Blog Archives
P/C Use Cases for ChatGPT and Other LLMs
ChatGPT and other large language models (LLMs) represent augmented intelligence tools through which users can combine artificial intelligence (AI) with human intelligence ...
Is AI Risk Insurance the Next Cyber for Insurers?
The rising enthusiasm around generative AI and the prospective increase in AI adoption are opening up intriguing opportunities for insurers to underwrite AI risks. However, before they delve into the ...
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 ...
Learning to Time Travel: Why Insurers Should Embrace Both the Future and the Past
The first insurance company in the U.S., The Friendly Society, was established in Charleston, S.C., in 1735, according to the Insurance Information Institute's insurance ...
Embedded Insurance Is the Future, ITC Panelists Say
Panelists at the Insuretech Connect conference at Mandalay Bay in Las Vegas this month claimed embedded insurance is the hottest topic in the insurance industry right now. While opinions may vary, it ...
Meet the New Kid on the Block: Embedded Insurance
There's a new kid on the InsurTech block, and it's seeking to make the insurance experience faster and more personalized with embedded insurance. Embedded insurance is an emerging area of the ...
Truly Transformative Tech: Hype vs. Results
As digitization across the insurance industry accelerates, it can be tempting for insurers to jump on the proverbial bandwagon and devote resources to every new technology that promises fundamental ...
How Insurers Can ‘Leapfrog the Competition’ With the Use of AI and Machine Learning
The use of artificial intelligence technology is accelerating in the insurance industry both on the claims and underwriting fronts, according to Stan Smith, founder and CEO of GradientAI, and ...