ReSource Pro, a leading strategic operations partner to insurance organizations, today released new primary research titled “The Future of Embedded Insurance: Disruptor or Distraction?,” marking the 300th report delivered to the P&C community via its research practice, ReSource Pro Insights.
Tag: AI
Nvidia Faces Lawsuit from Authors Over Alleged Copyright Infringement in AI Models
Tech giant Nvidia is facing a lawsuit from a group of authors who said it used their copyrighted works without their permission to train its artificial intelligence (AI) platform NeMo.
Tech Companies Sign Accord to Combat AI-Generated Election Trickery
Major technology companies signed a pact to voluntarily adopt “reasonable precautions” to prevent artificial intelligence tools from being used to disrupt democratic elections around the world.
How AI, Tech Advances Can Help Insurers with Climate-Related Risks
Global economic losses from natural catastrophes hit $380 billion in 2023, with insured losses at $118 billion, according to a new report from Aon. More than two-thirds (67%) of global insured losses occurred in the United States, and “while no event reached the $10 billion mark, there were at least 37 billion-dollar disasters in total,… Continue reading How AI, Tech Advances Can Help Insurers with Climate-Related Risks
Generative AI in P&C Insurance: Promise and Peril for Personal and Commercial Lines
This past year has been marked by the excitement surrounding generative AI and ChatGPT taking industries by storm.
Class-Action Lawsuit Accuses Humana of Using AI Algorithms to Restrict Access to Care
A newly filed lawsuit alleges that Humana used artificial intelligence algorithms to deny key rehabilitation care for seniors.
Allianz: Prepare for Directors and Officers (D&O) Headwinds
Ongoing inflation, refinancing and insolvency pressures, geopolitical issues, and electoral uncertainty are just some of the headwinds D&Os need to be prepared for in 2024, according to Allianz Commercial financial lines and D&O experts.
Hartford Financial’s Head of Commercial Lines: AI, Cyberattacks Top Agent/Broker Concerns for 2024
The pace of change will never be this slow again, said Mo Tooker, head of enterprise sales and distribution, global specialty, middle and large commercial, Hartford Financial, referencing the insurer’s new Risk Monitor Report.
AI Won’t Pose Immediate Existential Threat but ‘Safety Brakes’ Needed: Microsoft
Microsoft’s president says he doesn’t think artificial intelligence poses an immediate threat to humanity’s existence, but governments and businesses still need to move faster to address the technology’s risks by implementing what he calls “safety brakes”.
AM Best Panel Explores How GenAI & ChatGPT Are Reshaping the Insurance Industry
A recent panel hosted by AM Best, that included insurance and technology experts, examined how Generative AI and ChatGPT technologies will play a key role in driving the customer experience across the industry.