How Generative AI and ChatGPT are Reshaping the Insurance Industry
Insurers are experimenting with a range of use cases.
Generative AI is a natural adjunct in an industry that is focused on documents and finance.
Effective use of generative AI will help insurers improve expense ratios, more effectively target distribution and control losses.
Security and privacy mishaps will draw regulators deeper into the regulation of AI use in insurance.
MGAs and insurers will have a deeper understanding of what business is productive and which existing accounts should be re-examined.
