Artificial Intelligence – Page 10
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News
Loadsure launches data-driven insurance for logistics SMEs
’Backed by our industry leading expertise, Columbia will empower brokers to better serve cargo outfits seeking long-term partnerships,’ says chief executive and founder
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Predictive data key for ‘competitive edge’
’It can give an insurance provider an edge, especially in aggregator-exposed channels,’ managing director
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High Five: Catch up on the biggest stories this week
Insurance Times rounds up the biggest stories from this week
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Almost half of insurance workers not comfortable using AI for high risk activities
However, new research highlighted that most employees are set to embrace new technologies
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IT Interview
Creating AI regulatory framework set to be ‘significant piece of work’ in 2024
’We need to make sure that we have the right framework in place,’ says chief executive
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Artificial Labs completes £8m funding round
’This round of funding will enable us to accelerate our growth and continue to innovate in the algorithmic and augmented space,’ says cochief executive
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Digitisation of London market will ‘empower’ face-to-face trading
’Personal relationships will still be critical,’ says chief executive
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‘Significant shift’ expected in insurers’ approach to AI
Company highlights four challenges for insurers to watch out for as firms move beyond common AI uses
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AI code of conduct for insurance industry launched
’It’s a code built on general principles as much as detail,’ says director
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Greater focus on data optimisation needed to curb ‘costly’ AI implementation mistakes
Global chief strategy officer says ‘firms able to properly identify priorities’ will ‘find themselves pulling away from the pack’
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IT Interview
Spotlite Claims Q&A: AI a ‘learning curve’ for insurers in entertainment industry
’The use of new and emerging technologies is creating a new set of potential risks,’ says director
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News Analysis
Briefing: Post Office scandal reawakens AI concerns
AI-powered chatbots have been known to hallucinate and spit out ‘unpredictable’ results, but could faulty software accounting systems from the late nineties be a sign of what’s to come with the technology?
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Generative AI’s impact on the insurance industry and consumer – Lloyd’s
’A common theme in AI discussions is to say technology is not new to the insurance industry,’ says senior manager
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ERS to use more data to support brokers through new deal
’As a broker only insurer, it is important that we do all we can to support our partners,’ says active underwriter
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AI ‘essentially next industrial revolution’ and key 2024 theme – PeppercornAI
’Insurance providers will have no option but to collaborate with insurtechs delivering AI solutions,’ says chief executive
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AI ‘double-sided coin’ that needs ‘experiment-led approach’ in insurance
’We can’t be too eager to implement attractive solutions that might leave our customers or markets exposed,’ says senior manager
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Principal Insurance inks deal to access consumer behaviour data
’I have no doubt that it will help us to write better business more efficiently,’ says founder and managing director
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Manifesto 2024: Biba urges government and regulators to consult over AI regulation in insurance
’In the context of a dynamic AI regulatory environment, there is a growing recognition that suitable regulation needs to be in place,’ says manifesto
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News Analysis
AI tipped as ‘next growth area’ despite lack of broker investment
Cost was listed at the ’biggest barrier’ for brokers in terms of technology adoption says senior director in customer experience
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Face-to-face trading in underwriting room key for 2024 – Liiba
’It is the key thing the next generation of market leaders want to see,’ says Liiba