While insurance has been viewed as ‘behind the curve’ on AI adoption, a ‘significant’ amount of effort has been made to upskill, says technical product lead
The growing use of data science will transform the way the insurance industry analyses the risks it faces, but the complexity of those risks will demand greater data transparency.
Rachael McNaughton, technical product lead with a focus on analytics and machine learning at broker Willis Towers Watson, said the industry was making real strides in its use of artificial intelligence (AI) and machine learning over past years – but that there was more to come.
Read more…
Explore more AI-related content here or discover other news stories here
We’re glad you’ve chosen Insurance Times as your source for industry news and hope you’ve been enjoying reading articles from our award-winning team of journalists.
Gain access to more of our exclusive, breaking stories, interviews and news analysis as it happens. Registering is quick, easy, free, and will also have the additional benefits:
Stay on top of the insurance game with our subscription! Get unlimited access to over 80,000 articles, in-depth analysis, exclusive reports by industry experts, and our Five-Star rating system to compare companies and find the best fit for your business needs - view subscription options.