Artificial intelligence is the new competitive advantage. While all sectors are being impacted with the cognitive revolution, none is being transformed more than the insurance industry. Those who have a strategy to shape their future with artificial intelligence will survive and thrive. Those who don’t, will perish. In this evolutionary justice, there are preferred ways to plan, strategize, and adopt cognitive technologies. This unique and landmark session begins with offering a broad description of how AI is transforming the insurance industry. The session then goes deeper into the specifics of how to create a competitive advantage with advances in deep learning, reinforcement learning, and other advances in AI. The session ends with giving an overview of the future of risk management with AI.
Audience: Insurance leaders and risk managers
Key Takeaways:
- Learn how AI is impacting all areas of the insurance industry and why you must pay attention
- Understand horizontal and vertical process dimensions of AI automation and use that to design use cases
- Develop intuition for designing the AI strategy and learn how to share that with the executives, board, and your firm
- Learn how to achieve successful cognitive transformation and avoid/manage risk of transformation
