How Generative AI and ChatGPT are Reshaping the Insurance Industry
Security and privacy mishaps will draw regulators deeper into the regulation of AI use in insurance.
AI will help managing general agents better mask specific risks to individual capital providers.
Insurers are experimenting with a range of use cases.
Customer-facing technologies will likely gain the most as today's chatbots give way to smarter interactions.
Effective use of generative AI will help insurers improve expense ratios, more effectively target distribution and control losses.