Theme: Underwriting Efficacy in a Digital Workplace
An exclusive breakfast roundtable discussion organized by LMF in collaboration with WNS, this event will serve as a platform for thoughts to converge, ideas to emerge, and insights to be shared around Generative AI and its power to unlock value for the Insurance sector.
The roundtable, focused on the insurance industry, will highlight Generative AI's transformative potential and the various ways it can revolutionize and create value in this field.
Since the launch of ChatGPT in November 2022, Gen AI has gained widespread recognition and, by June 2024, has been adopted across nearly every industry, including the specialty insurance sector.
Here, entities are actively exploring its applications throughout their operational processes. This event will spotlight niche use cases such as 'Gen AI-powered augmented underwriting for lead market' and 'enriching risk information with market data. Industry speakers will discuss challenges like hallucinations specific to these cases, detailing their journey from Proof of Concept (PoC) to total production.
Contrary to some perceptions, Gen AI isn't autonomously underwriting risks but rather synthesizing large volumes of unstructured data into actionable insights for underwriters. This capability enhances efficiency by reducing manual tasks, allowing underwriters to handle more risks and premiums effectively.
Learn from industry leaders and AI experts as they share strategies, case studies, and best practices on the transformative impact of Gen AI in today's business landscape.
The session highlights include:
Key highlights of the Practice Group session include:
- Industry Expertise: Hear from renowned insurance experts who have successfully integrated Generative AI into their operations, improving efficiency, risk assessment, and customer experiences, and those looking to do so. What are the experiences so far?
- Interactive Roundtable: The most engaging session at LMF Practice Group sessions in the London Market is the opportunity for all participants to be involved and share their opinions
- Networking Opportunities: Connect with like-minded professionals, forge valuable partnerships, and exchange ideas with peers with a similar passion for innovation and tech-based development
If you are a data analytics or AI leader interested in participating in our future forums, please contact us here.