AI, Machine Learning Offer Great Opportunities And Major Risks For Insurers
Monday, November 20th, 2017 Risk Management TechnologyThe promise of artificial intelligence in the insurance industry is threefold: To help insurers get deeper insights into their business and make better decisions. To automate insurer processes and decision-making for increased efficiency and reduced cost. To create a better customer experience that provides more immediate responses and requires less arduous data collection. But with that promise comes risk — perhaps greater than the risks inherent with all new technologies — that the insurance industry needs to consider.
External References & Further Reading
https://www.dig-in.com/opinion/ai-machine-learning-offer-great-opportunities-and-major-risks-for-insurers?brief=00000159-faf0-d111-af7d-fbfd9f0a0000
