The use of AI in insurance (With Selim Cavanagh)
Insurance Covered
00:00
AI in Insurance: Fraud Detection and Ethical Challenges
This chapter examines the integration of AI in the insurance sector, focusing on its role in pricing and fraud detection. It discusses the complexities of ensuring ethical treatment of customers amidst regulatory pressures, as well as the challenges presented by AI's 'black box' nature. The conversation underscores the importance of human involvement, transparency, and strategic planning in deploying AI systems effectively and ethically.
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