How is your team dealing with the evolving landscape of AI testing and insurance challenges? With the shift from "Data-Driven" to "AI-First," how do organizational strategies need to change, and what implications do they have for staying competitive? Karthik Ramakrishnan from Armilla AI shares how you can navigate risk mitigation, legal frameworks, and compliance requirements so you can get ahead 🎙️ Listen now on Spotify and Apple 🎥 Full Episode live on Youtube Links ➡️ https://lnkd.in/ew7Hmm8g #ai #artificalintelligence #aifirst #aifirstbusiness #armillaai #AIaccountability #EthicalAI #InsuringAI #AIAssurance #AIAdoption #GovernanceInAI #RiskMitigation
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Activate Innovation Ecosystems | Tech Ambassador | Founder of Alchemy Crew Ventures + Scouting for Growth Podcast | Chair, Board Member, Advisor | Honorary Senior Visiting Fellow-Bayes Business School (formerly CASS)
The Pillars of Ethical #GenAI solutions: Transparency, Fairness, Accountability. These are absolutely critical across the insurance operation.
🔺 Transparency, Fairness, Accountability: Pillars of Ethical AI in Commercial Insurance Underwriting 🏛️ Recently, Leandro DalleMule, our Global Head of Insurance and General Manager, sat down with Sabine VanderLinden, Venture Partner at Alchemy Crew, to discuss how insurers can navigate the challenges and opportunities of AI-powered underwriting. "Insurers need robust governance frameworks to ensure AI is used ethically at every stage, from data collection to model deployment and monitoring," says Leandro. Leandro shares a practical roadmap for responsible AI adoption in his article. Discover more in his recent article here: https://lnkd.in/ghUtXTpu #AI #Ethics #Insurance #CommercialInsurance #Underwriting #ResponsibleAI
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🔺 Transparency, Fairness, Accountability: Pillars of Ethical AI in Commercial Insurance Underwriting 🏛️ Recently, Leandro DalleMule, our Global Head of Insurance and General Manager, sat down with Sabine VanderLinden, Venture Partner at Alchemy Crew, to discuss how insurers can navigate the challenges and opportunities of AI-powered underwriting. "Insurers need robust governance frameworks to ensure AI is used ethically at every stage, from data collection to model deployment and monitoring," says Leandro. Leandro shares a practical roadmap for responsible AI adoption in his article. Discover more in his recent article here: https://lnkd.in/ghUtXTpu #AI #Ethics #Insurance #CommercialInsurance #Underwriting #ResponsibleAI
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'With the future of AI and IP still uncharted territory, we can’t predict how this relationship will play out' An IP policy is key for clients to manage the unknown and gives clients the backing as new risks arise. Get in touch with Website and Revenue and get a quote!
We hear a lot about the near-limitless potential of AI tools—but what about how these tools introduce intellectual property (IP) risk? In this new article discover keys ways AI systems open the door to IP risk, what it means for businesses, and the critical role IP insurance has to play. Read the full article here: https://hubs.la/Q02yYjHh0 #AI #intellectualproperty #insurance Madeleine Brown
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Some might say… I’ve made it to the BIG screen. 🎞😂 Watch my interview with Nicole Efthymiou, founder of Insurance Knowledge Hub. I talk about my journey into the claims and supply chain world, leveraging technology and of course, regulations and the ethical considerations around AI. Do have a watch! #insurance #claims #claimsmanagement #AI #thoughtleadership
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🔷 Are you planning on attending the 2024 CLM Annual Conference? 👉 Do not miss the panel discussion with PMA Companies' Philip Salamone. This session will focus on the role of AI on claims management and legal practices, and the impact of AI on professional and ethical responsibilities. Looking forward to seeing you there! #PMACompanies #Insurance #AI #ClaimsManagement #CLM2024 #PMAProud
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Co-founder, Chief Innovation and Compliance Officer, Patent Holder NLP/AI, LLM @ Charlee.ai | Law Enforcement Executive, Fraud Investigations.
The knowledge and skills gap is real in the insurance industry with senior and experienced staff retiring. Now is the time to embrace #ai into your claims workflow and marshall insights to fill the gap. Charlee.ai #aiinsights #thoughtleadership #winningstrategy #engage
Managing claims data efficiently consumes a lot of human hours. Through the use of AI, Charlee sifts through structured and unstructured data from a multitude of claims sources, identifying connections and patterns that might be missed by human adjusters. This allows for more accurate decision-making and proactive risk management. AND Charlee operates within an ethical framework that aligns with insurance regulations, ensuring accountability and transparency at every step of the claims management process. This integration not only optimizes the workflow but also upholds the integrity of handling sensitive customer information. 🤔 How do you think AI could transform your data management tasks? #Integrity #Ethical #Proactive #Claims #CharleeAi
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Managing claims data efficiently consumes a lot of human hours. Through the use of AI, Charlee sifts through structured and unstructured data from a multitude of claims sources, identifying connections and patterns that might be missed by human adjusters. This allows for more accurate decision-making and proactive risk management. AND Charlee operates within an ethical framework that aligns with insurance regulations, ensuring accountability and transparency at every step of the claims management process. This integration not only optimizes the workflow but also upholds the integrity of handling sensitive customer information. 🤔 How do you think AI could transform your data management tasks? #Integrity #Ethical #Proactive #Claims #CharleeAi
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A new insurance specific Large Language Model (LLM) has been launched, set to transform the industry by optimising underwriting, claims, and risk management processes. This #AI model is designed to improve decision-making, automate workflows, and offer industry-specific insights. But this raises key questions: How will insurers handle AI integration alongside existing systems? Will the use of this technology ensure data privacy and meet regulatory standards? And how far can AI take us in reshaping insurance? Read more: https://lnkd.in/enDGrYH4
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In the ninth episode in this series, we are joined by John Pruitt in New York and Martin Mankabady in London for a discussion on AI use cases and regulation in the insurance industry Listen here: https://lnkd.in/eqyahnGR Designed to help you look beyond the headlines and hype cycle, this series will help you make the most of the significant opportunity AI brings on an informed basis, taking into account the rapidly evolving legal, regulatory and risk and control frameworks in which the financial services industry operates. #FinancialServices #AI #Insurance
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Join Locke Lord, InsurTech NY and InsurTech Hartford for our #InsurTech Legal Academy webinar series on June 12. Paige Waters and Stephanie O'Neill Macro will tackle the potential impact of #AI Regulation on InsurTechs and provide an overview of recent AI regulatory initiatives at the NAIC, state and federal levels. Register: https://ow.ly/GlNG50RPRXi #insurance #artificialintelligence
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