Identifying and Mitigating AI Algorithm Bias and Fairness in Insurance

Insurance professionals must approach the use of artificial intelligence and machine learning with a nuanced understanding of the complexities. It’s not enough to simply build the most accurate predictive model – you must also consider the ethical implications.

Four Applications of Artificial Intelligence for Insurance Organizations

Prediction models and AI are not new to the insurance industry. It is important to remember that AI is making predictions based on historical patterns and is not deeply thinking and creating an understanding. With that in mind, here are four applications for AI in insurance.