Artificial Intelligence – Page 2
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News
Zurich ‘well-positioned’ with launch of updated AI platform
’AI brings tremendous opportunities to improve the ways we work,’ says chief information and digital officer
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News
Insurers told to ‘really know how to use’ AI amid hallucination and transparency risks
’You have to know its limitations and risks,’ says knowledge lawyer
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News Analysis
Opinion: Has EU left UK behind on AI regulation?
Editor Katie Scott compares strides made by the European Union and UK when it comes to regulation around the use of artificial intelligence – has Brexit held the UK back?
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News
Insurtechs back AI cash injection announced in Spring Budget
’Support like this is encouraging for the tech sector,’ says chief executive
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News
Musk lawsuit against OpenAI highlights need for clarity over ‘wild west nature’ of AI
’The situation underscores the complexities in the rapidly evolving landscape of AI,’ says head
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IT Interview
‘Scalability and growth is a massive thing for us’ – GoShorty
’That was the first barrier that was broken down – the idea that software houses only wanted to deal with big blue-chip companies and well-established brokers,’ says founder and managing director
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News Analysis
TechTalk: AI code of conduct is a start – but ‘comprehensive governance structure’ still needed
’While it’s possible to set general principles, how do you translate that into something that’s going to work for every company or use case?’ says head of analytics
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News
Broker to bolster predictive capabilities through new partnership
’There has been a definite acceleration in the awareness of AI and machine learning across the wider GI industry,’ says chief executive
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News
AI to play ‘pivotal role’ in combatting cyber risk – GlobalData
’The ability of AI to improve threat identification is key in addressing the continuous evolution of cyber threats,’ says project manager
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News
Isle of Man regulator and insurtech demonstrate ‘power of collaboration’ with AI partnership
’This collaboration underscores our commitment to embracing innovative technologies for our stakeholders to use and [strengthens] our regulatory standards,’ says head of supervisory practices and innovation strategy
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IT Interview
Bob James: Lloyd’s prefers sector-wide ‘criticism’ of project delays instead of unsafe Blueprint Two delivery
’I would rather take criticism [about the delay of Blueprint Two] then push the date and have a platform that has a flaw that [would] be problematic,’ says chief operations officer
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News
Hiscox aiming to enhance customer service with AI
’Optimism should be tempered with awareness of the risks,’ says senior manager
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News
BMS teams up with Artificial Labs to bolster processing of insurance contracts
’We are delighted to partner with BMS,’ says co-chief executive
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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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News
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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News
High Five: Catch up on the biggest stories this week
Insurance Times rounds up the biggest stories from this week
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News
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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News
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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News
Digitisation of London market will ‘empower’ face-to-face trading
’Personal relationships will still be critical,’ says chief executive