How Generative AI and ChatGPT are Reshaping the Insurance Industry
AI will help managing general agents better mask specific risks to individual capital providers.
Widening use of AI will allow insurance professionals to focus on the value-added aspects of their roles, not on mechanical functions.
Increased computing power allows insurers to learn from huge data sets.
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.