Harnessing responsible AI in the insurance industry

Trade Voice: Ann Dingemans, corporate affairs lawyer at Kennedys and Fleur Rochester, Kennedys partner and president of the London Forum of Insurance Lawyers, look at how insurers can take advantage of artificial intelligence in the right way.

The insurance industry has witnessed significant change over the last five years owing to the impact of momentous global events, including the Covid-19 pandemic and the Russia-Ukraine war. 

In turn

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Lack of trust in telematics hampering potential

After a survey found only 8% of respondents had received any communication from insurers about adopting telematics-based insurance to help reduce premiums, Fairer Finance’s James Daley said “telematics still doesn’t seem to be fulfilling its potential”.

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