EP 18: Insurance Transformed: An Actuary’s take on AI

Is the rising popularity of AI impacting the insurance business or its fundamental practices? Listen to this special episode covering an actuary's unique perspective on how AI may or may not impact core insurance businesses and actuarial practices. The discussion touches upon how the insurance industry can balance the benefits of AI-driven precision with the need for fairness and regulatory compliance, improving data wrangling and processing steps prior to actuarial model building exercises, and how AI can influence overall risk assessment practices in a positive way.