Generative AI, Insurance Risks & Cyber Catastrophe Events
Generative artificial intelligence (Gen AI) is no longer a futuristic concept. AI’s potential to amplify systemic risks, such as through polymorphic malware or AI-targeted data breaches
AI-driven systems
The AI–driven Systems research area focuses on the digital transformation of society (DX) driven by the interplay of networked systems and AI. You can opt for any of AI types – analytic, interactive, text, visual, and functional – or wisely combine several ones.
AI-driven services are what turns data from cost center into critical enterprise asset. Getting there is about going from the ability to operationalize one, two, or tens of machine learning models to hundreds or thousands of models that all work together to build the core business. AI–driven services encompass the organization’s operationalized models plus systems — largely driven by MLOps — ensuring models are well maintained.
AI Liability Directive. 8 Key Highlights and Impact on the European Insurance Market
Insurance Europe has urged the European Commission (EC) to withdraw its proposed Artificial Intelligence Liability Directive (AILD), arguing that it could lead to legal innovation
Generative AI Attracts Increased Venture Capital Funding in 2024
Venture capital funding for generative AI startups is on track to exceed 2023’s record-breaking levels. In the first three quarters of 2024, GenAI startups raised over $20 bn
How Will the EU AI Act Affect the Insurance Industry?
The EU AI Act, published by the European Commission in July 2024, introduces the first regulations on AI development and usage across sectors to protect citizens’ rights
Increasing Use of AI Technology Triggers Insurance Claims
Increasing use of artificial intelligence triggers claims across many lines of business. Insurers will need to understand of intended effects
How Insurers Can Get Best Results from Artificial Intelligence Tools?
As the insurance market recognizes the potential of artificial intelligence, there remains uncertainty about how to effectively apply the technology to enhance customer engagement
How Will Generative AI Change the Cyber Insurance Landscape?
Major leaps in the effectiveness of Generative AI and Large Language Models have dominated the discussion around artificial intelligence
How Can AI Technology Change Insurance Claims Management?
Insurers must embrace Artificial Intelligence technology to successfully navigate emerging transformative trends that are shaping the insurance landscape
New Trends of Cloud Services – SaaS, IaaS, PaaS, Serverless
Cloud computing services fall into 4 categories: infrastructure as a service (IaaS), platform as a service (PaaS), serverless, software as a service (SaaS)
Using AI, Analytics & Cloud to Reimagine the Insurance Value Chain
Insurance professionals are getting more comfortable with recommendations coming from AI and utilizing them in underwriting, pricing, marketing, claims
Wildfire-related directors and officers (D&O) lawsuits represent a growing category of event-driven shareholder litigation. These insurance claims arise from major environmental
S&P Global Ratings reports that North American insurers have sufficient capital and liquidity to absorb current market volatility, including disruptions linked to recent tariff measures
Auto insurance premiums in the U.S. could rise 14% by the end of 2025 due to new tariffs on imported vehicles and parts
Wider natural catastrophe exposure continues to pressure financial results across the property and casualty (P&C) insurance industry