Is reinsurance entering a 'polycrisis'? - Insurance Business America
“Asriskpractitioners, leveraging AI inriskscenario analysis can enhance ... Using AI to predict and assessrisksis of growing interest in the …
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ASIC Chair Joe Longo raises concerns about AI regulations - Insurance Business America
...riskscould (potentially) unfairly discriminate against those vulnerable consumers. And with 'opaque'AI systems, the mechanisms by which that …
What trends are driving cyberriskfor North American companies?
Insurance Business America Generativeartificial intelligence(AI), the resurgence of ransomware, an evolving regulatory environment, and a heated election year in the US …
How AI is set to change insurance in 2024
Insurance Business America Traditionally, the report said, insurance models have groupedrisks, but AI'sdata processing capabilities allow for individualriskassessment …
Gilchrist Connell: Why AI could be a long termdanger- Insurance Business America
Insurance Business America“Advancements in technology, such as the widespread adoption ofartificial intelligence[AI], blockchain, and big data analytics, can present …
Report unveils emerging AI challenges in financial crime | Insurance Business Australia
Insurance Business America Comply Advantage, a leader inartificial intelligence-driven fraud and anti-money launderingriskdetection, has unveiled its annual report delving …
Using AI tools to mitigate climate change insurancerisks
Insurance Business America"There are a number of areas where we can leverage AI, especially with predicting and preventing all theserisks" …
Insurers embrace investmentrisk– report | Insurance Business America
“The growth in private assets and portfolio diversification, the rising prominence ofartificial intelligence(AI), and the increasing challenges of …
Tackling the misuse of AI in insurance
Insurance Business AmericaEY head on an issue the industry needs to get on top of. Tackling the misuse of AI in insurance.Risk Management News. By Mia Wallace. Jan 19, 2024 …
Challenging the misuse of AI in insurance
Insurance Business America...risks AI– and particularly generativeAI– presents. “One of the keyrisksis how to ensure you avoid the misuse of AI,” she said. “How do you …
New York DFS zones in on insurance AI discrimination
Insurance Business America In a letter sent to insurers, dated January 17, the NYDFS zoned in on underwriting and pricing, warning of theriskof “unfair adverse” effects …
Globalrisks"stretching the world's adaptive capacity to its limit," WEF warns
Insurance Business AmericaAI-driven misinformation, climate change emerge as top concerns in World Economic Forumriskreport …
Revealed – toprisksfor C-suite executives in UK financial services
Insurance Business America Disruptive technologyrisk(e.g.AI, cloud, IoT). 31%. 25%. Financialrisks(e.g. market, credit, liquidity). 28%. 34%. Operationalrisks(e.g.
Revealed - the keyrisktrends for directors and officers in 2024
Insurance Business America Allianz Commercial advises that while AI presents competitive advantages, it also brings challenges such as cybersecuritythreats, regulatoryrisks, …
How a winter storm inspired one CEO to harness the power of parametric insurance
Insurance Business America TheAI-driven start-up focuses on hard-to-insurerisks …
US could fall behind on AI regulation, WTW Neuron CTO warns
Insurance Business America Alex Morris-Tarry, chief technology officer of Neuron, WTW's digital insurance platform, said tech firms are sounding the alarm about thedangersof …
MAPFRE's Huertas urges legislation on the ethicalriskofAI| Insurance Business America
Insurance Business America Acknowledging the rapid development and disruptive potential ofartificial intelligence(AI), MAPFRE chairman and CEO Antonio Huertas (pictured) …