How Generative AI and ChatGPT are Reshaping the Insurance Industry
Insurers are experimenting with a range of use cases.
Because public large language models learn from the data that users submit, insurers must be cautious about the information they expose.
AI will help managing general agents better mask specific risks to individual capital providers.
Increased computing power allows insurers to learn from huge data sets.
Security and privacy mishaps will draw regulators deeper into the regulation of AI use in insurance.