The rise of Gen-AI in insurance: key tools and considerations for insurance - ERP Spain.com - España y América Latina

Generative artificial intelligence (Gen-AI) models such as ChatGPT, encompassing AI and machine learning (ML), remain in the spotlight, and continue to be a hot topic of discussion in many industries. Specifically, Gen-AI is ushering in new opportunities for insurers across the value chain—reshaping insurance processes, customer experiences, and business models. While Gen-AI’s rise was sudden, it will take time for insurers to fully embrace its power and potential. As the dust starts to settle, many business leaders are wondering what this raft of new ML products mean for their businesses and how they can move from hype to working solutions. AI is likely to play an even greater role in providing real-time, data-driven insights into the customer, and help to create more personalised experiences. ML algorithms will enable insurers to better understand the needs and preferences of their customers and enhance efficiency, allowing them to provide more relevant and cost-effective products and services. In this 1-hour webinar, you will: - Gain insights into the potential for improving risk assessment accuracy, enhancing underwriting efficiency and streamlining the overall insurance process. - Learn how this technology can generate new and creative solutions, helping insurers to drive cost reduction, improve the customer experience, optimise risk assessment, turn data into insights and accelerate decision-making. - Address Gen-AI challenges (eg, data sensitivity, trust, adoption)—balancing potential and pitfalls. - Hear practical case studies/examples of how Gen-AI is currently being used in the insurance industry, and what it might mean for you and for your customers. This webinar is brought to you in association with EdgeVerve. By registering you agree to share your information with this organisation.