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Munich Re launches Next Gen AI-augmented underwriting solution

Munich Re launches Next Gen AI-augmented underwriting solution

by AIP Online Bureau | May 24, 2023 | International News, Life, Reinsurance, Technology

Munich Re also offers reinsurance on policies underwritten by these AI models as an optional service, providing insurers alignment of interest and peace of mind. To further support insurers, Munich Re can also finance the solution through reinsurance, mitigating any...

ANALYSIS-Regulators dust off rule books to tackle generative AI like ChatGPT

by AIP Online Bureau | May 22, 2023 | Eco/Invest/Demography, International News, Regulation

Regulators aim to apply existing rules covering everything from copyright and data privacy to two key issues: the data fed into models and the content they produce, according to six regulators and experts in the United States and Europe As the race to develop more...

Mass event will let hackers test limits of AI technology

by AIP Online Bureau | May 13, 2023 | International News, Policy, Regulation, Reinsurance, Technology

Anyone who’s tried ChatGPT, Microsoft’s Bing chatbot or Google’s Bard will have quickly learned that they have a tendency to fabricate information and confidently present it as fact. These systems, built on what’s known as large language models, also emulate the...

Governments across the world race to regulate AI tools

by AIP Online Bureau | May 13, 2023 | Eco/Invest/Demography, International News, Non-Life, Policy, Regulation, Technology, Workplace/Employee Benefits

The European Data Protection Board, which unites Europe’s national privacy watchdogs, said in April it had set up a task force on ChatGPT, a potentially important first step towards a common policy on setting privacy rules on AI Rapid advances in artificial...

AI predicts future pancreatic cancer: Research

by AIP Online Bureau | May 11, 2023 | Facts, Health, Technology

The findings, published May 8 in Nature Medicine, suggest that AI-based population screening could be valuable in finding those at elevated risk for the disease and could expedite the diagnosis of a condition found all too often at advanced stages when treatment is...
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