The Future of Reserving Is…Complicated
Reserving is, on the face of it, one of the simpler elements of actuarial science (once companies get past the nuances of triangular data tables). They look at the way ...
Technology & Analytics
Using AI as a Copilot for Talent
AI is "going to change the way we work and think about work, and it's either accepting that fact now or accepting it later," said Darien Acosta, chief AI officer at Cover ...
A Proactive Approach Is Key as AI Tools Help Cyber Attackers and Defenders Alike
Cyber criminals are increasingly using artificial intelligence tools to carry out attacks, and it's becoming harder for insurers to keep up, said Vishaal 'V8' Hariprasad, ...
P/C Insurers Slow to Achieve Analytics Ambitions: Survey
Just under half of property/casualty insurers recently surveyed by WTW say they plan to incorporate AI into their analytics (49 percent), but most have yet to bring "traditional" analytics into areas ...
Nationwide’s Kandhari Talks Building a Bionic Workforce With AI
Nationwide's Chetan Kandhari said the company is working to build a bionic workforce.
Maybe that brings to mind robots, futuristic ...
How AI Can Reshape Claims Management
How can artificial intelligence change property and casualty insurance claim processing? Two industry experts answered that question from a few angles during Carrier Management's annual InsurTech ...
What Risks Do Advanced AI Models Pose in the Wrong Hands?
The Biden administration is poised to open up a new front in its effort to safeguard U.S. AI from China and Russia with preliminary plans to place guardrails around the most ...
AI and APIs: Essential Tools for Zurich Insurance Group’s Digital Leap
Early adopters of generative artificial intelligence (Gen AI) tools are working hard to employ the technology, which can help insurers innovate, enhance customer ...
The Insurance Data Paradox: Structure Creates Flexibility
At most insurance companies, especially the largest and oldest, data is extremely disorganized. Many carriers have five or more policy admin systems due to acquisitions. ...
