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How AI is Remaking Insurance Organizations: 4-part video series from AM Best TV
How AI is Remaking Insurance Organizations
What functions will be handled substantially by AI, and what insurance functions, if any, will AI never perform? What are insurers’ best practices for integrating AI?
Jeff's highlight:
1:47 - 2:37 - How machine learning models take in extensive amounts of data that insurers have and compares the value of that data that has yet to be leveraged to oil that has yet to be extracted from the ground.
How AI Is Remaking the Insurance Workforce
Which jobs are at risk, and which have been enhanced in selling, underwriting, claims, asset management, operations and more? How can insurance professionals avoid occupational obsolescence?
Jeff's highlight:
1:04 - 1:28 - AI is helping underwriters and claims managers see more, evaluate more in making their decisions. It will not replace human decision makers.
What the AI Revolution Means for Insurance Prospects, Policyholders and Regulators
AI is changing risk selection, marketing and policyholder relations. Regulators are increasingly skeptical of insurers who can’t explain how their own algorithms work.
Jeff's highlight:
4:07 - 4:52 AI uses machine learning, which is trained on historical data. An AI models makes a prediction based on the inputs it has received, much as a human underwriter or claims manager makes decisions based on the inputs he or she is given.
What the AI Revolution Means for Insurers, Insureds and the Insurance Workforce
A panel of insurance and technology professionals review the issues shaping the industry’s integration of artificial intelligence.
Jeff's highlight:
13:25 - 14:09 AI uses machine learning, which is trained on historical data. An AI models makes a prediction based on the inputs it has received, much as a human underwriter or claims manager makes decisions based on the inputs he or she is given.
AM Best recently produced "What the AI Revolution Means for Insurers, Insureds, and the Insurance Workforce," a four-part video series highlighting the many ways that artificial intelligence (AI) is transforming the insurance industry.
Watch the Four Videos to Learn How AI is Transforming P&C Insurance
Each 20-minute presentation brings the thoughts and experience of dozens of insurers, technology experts, and regulators about AI and how it is driving profound changes within and outside the insurance industry.
Jeff Snider, Gradient AI's General Manager of Property & Casualty, Shares Insights in Each Installment
We invite you to watch each one in its entirety, or view highlighted portions featuring Jeff, using the time stamps noted under each video at left.
AM Best is a global credit agency, news publisher and data analytics provider specializing in the insurance industry. AM Best Information Services integrates credit ratings, commentary, research and analysis with insurance news, financial data and thought leadership to help consumers and professionals make more informed personal and business decisions.