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Is Artificial Intelligence relevant to insurance?

IBM Big Data Hub

In this first of two posts, I investigate the anatomy of artificial intelligence and its impact on insurance. The fascination of artificial intelligence History has shown that the human preoccupation with creating a machine which replicates human thinking had in fact been simmering for centuries.

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NYDFS issues significant guidance on insurers using AI or external data

Data Protection Report

On January 17, 2024 the New York Department of Financial Services (“NYDFS”) published a Proposed Insurance Circular Letter (“Proposed Circular”) regarding the use of artificial intelligence systems (“AIS”) and external consumer data and information sources (“ECDIS”) in insurance underwriting and pricing.

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The risks and limitations of AI in insurance

IBM Big Data Hub

Artificial intelligence (AI) is polarizing. In my previous post , I described the different capabilities of both discriminative and generative AI, and sketched a world of opportunities where AI changes the way that insurers and insured would interact. It excites the futurist and engenders trepidation in the conservative.

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Mastering healthcare data governance with data lineage

IBM Big Data Hub

The healthcare industry faces arguably the highest stakes when it comes to data governance. The impact of healthcare data usage on people’s lives lies at the heart of why data governance in healthcare is so crucial.In healthcare, managing the accuracy, quality and integrity of data is the focus of data governance.

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ABBYY Launches Global Initiative Promoting the Development of Trustworthy Artificial Intelligence

Info Source

June 9, 2020 – ABBYY< [link] >, a Digital Intelligence company, today launched a global initiative to promote the development of trustworthy artificial intelligence (AI) technology. MILPITAS, Calif., In fact, by 2025, Gartner< [link] > estimates 30 percent of large enterprise and.

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ABBYY Launches Global Initiative Promoting the Development of Trustworthy Artificial Intelligence

Info Source

June 9, 2020 – ABBYY< [link] >, a Digital Intelligence company, today launched a global initiative to promote the development of trustworthy artificial intelligence (AI) technology. MILPITAS, Calif., In fact, by 2025, Gartner< [link] > estimates 30 percent of large enterprise and.

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ICYMI –December in privacy and cybersecurity

Data Protection Report

5. Headlines in 2023 also had many references to artificial intelligence. One of the three regulations advanced, and the other two were sent back for additional work. Which one advanced so that it can be proposed at the next CPPA board meeting for a vote to proceed to formal rulemaking?

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