The insurance sector has traditionally operated on a "detect and repair" model, dealing with risks as they occur. However, with the advent of big data and AI, a significant shift is happening. Insurers are now moving toward a "predict and prevent" approach. This proactive strategy has the potential
Advancing AI Governance Strengthening International Cooperation The U.S. and the U.K. have embarked on a joint mission to guide the ethical progression of AI technology. This alliance, inspired by pledges at the Bletchley Park AI Safety Summit, aims to lead the global AI safety dialogue by
As businesses integrate Artificial Intelligence (AI) into their operations, the potential for improvement is significant. AI can enhance performance, drive innovation, and maintain a competitive edge. Yet, this rapid integration also introduces risks that must be diligently managed for AI to be
The integration of artificial intelligence (AI) into myriad aspects of life has made the governance of this transformative technology more critical than ever. Global thought leader Dominique Shelton Leipzig emphasizes the need for responsible AI practices that are both ethical and trustworthy. As
Appian is redefining insurance underwriting with its new Connected Underwriting Life Workbench, a cutting-edge tool engineered to heighten efficiency and accuracy in risk assessment. By harnessing the power of AI and automation, Appian's introduction promises to streamline the traditionally complex
The Genesis and Growth of AI in Healthcare The concept of AI has evolved significantly since Alan Turing's landmark paper laid the foundation for machine intelligence. Turing's ideas have burgeoned into a variety of sophisticated applications that now play crucial roles in healthcare. AI's journey