In the latest episode of The Connected Podcast, the hosts delve into the transformative landscape of the insurance industry as it grapples with a pivotal decision akin to the choice between the red and blue pill from The Matrix. On one side, there's the stagnation of "Pilot Purgatory," where organizations dabble in isolated AI experiments. On the other, a bold leap towards the comprehensive, strategic deployment of AI, with investments exceeding $25 million annually, focusing on explainable A...
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In the latest episode of The Connected Podcast, the hosts delve into the transformative landscape of the insurance industry as it grapples with a pivotal decision akin to the choice between the red and blue pill from The Matrix. On one side, there's the stagnation of "Pilot Purgatory," where organizations dabble in isolated AI experiments. On the other, a bold leap towards the comprehensive, strategic deployment of AI, with investments exceeding $25 million annually, focusing on explainable A...
In this segment of The Connected Podcast, the discussion delves into the contemporary challenges faced by the property and casualty insurance industry, driven by the increasing frequency and impact of natural catastrophes. A Conning report highlights secondary perils such as severe storms and wildfires that are reshaping the sector, contributing to record-high catastrophe losses in the first half of the year. Notably, the industry reports an improved combined ratio despite these challenges, b...
The Connected Podcast
In the latest episode of The Connected Podcast, the hosts delve into the transformative landscape of the insurance industry as it grapples with a pivotal decision akin to the choice between the red and blue pill from The Matrix. On one side, there's the stagnation of "Pilot Purgatory," where organizations dabble in isolated AI experiments. On the other, a bold leap towards the comprehensive, strategic deployment of AI, with investments exceeding $25 million annually, focusing on explainable A...