In Utmost Good Faith
Insurance, artificial intelligence and the issue of ethics
Most insurers already use AI and machine learning technologies in one form or another. Combined with new data technologies around telematics and sensors, advances in AI could reinvent the basis of life, health, P&C underwriting.
As AI gains ground in the sector, it is critical to understand ethical considerations, to help market players navigate the potential increase in regulatory scrutiny.
Our latest infographic, prepared in collaboration with Baker McKenzie, outlines the opportunities, but also the ethical considerations for AI in the insurance sector.