How Generative AI and ChatGPT are Reshaping the Insurance Industry
AI will help managing general agents better mask specific risks to individual capital providers.
Generative AI is a natural adjunct in an industry that is focused on documents and finance.
MGAs and insurers will have a deeper understanding of what business is productive and which existing accounts should be re-examined.
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.
