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The AI in Business Podcast
Driving AI Adoption in Insurance - with Ryann Foelker of American Family Insurance Group
May 9, 2024
24:11
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Ryann Foelker, Strategy Director at American Family Insurance Group, discusses AI adoption in the insurance industry with Emerj CEO Daniel Faggella. They cover potential use cases, the importance of cross-functional teams, AI solutions for climate risk insurance, generative AI for breakthroughs, and envisioning the future of the insurance industry.
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Quick takeaways
- AI in insurance focuses on augmenting human capabilities, not replacing them.
- Balanced approach essential for successful AI adoption to address industry challenges effectively.
Deep dives
AI Adoption in the Insurance Industry and Human-Centric Approach
AI adoption is reshaping the insurance industry, with an emphasis on augmenting human capabilities rather than replacing them. The discussion highlights the importance of integrating AI solutions with a cross-functional team possessing deep industry expertise. Ensuring that AI enhances human elements instead of replacing them is a key focus to drive successful AI implementation.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode