As we delve deeper into the age of artificial intelligence (AI) and machine learning (ML), it is crucial to stay ahead of the curve by identifying emerging trends that will shape our future. In 2024, several key advancements are set to revolutionize these technologies, paving the way for unprecedented possibilities. One of the top AI […]
What Insurers Need to Know About the Risks of AI and Machine Learning
Artificial intelligence (AI) and machine learning (ML) are continuing to transform the insurance industry. Many companies are already using it to assess underwriting risk, determine pricing, and evaluate claims. But if the proper guardrails and governance are not put into place early, insurers could face legal, regulatory, reputational, operational, and strategic consequences down the road. […]