February 23, 2024 In AI ‘Wild West,’ firms urged to adopt in-house policies In the absence of regulation on generative AI, businesses and independent professionals should create ethical use policies, one expert says.
February 16, 2024 How insurers can manage third-party contractors for AI With insurers looking to outsource AI expertise, here are some recommendations they can use to better manage third-party AI contractors.
February 15, 2024 4 regulatory trends for AI use in insurance for 2024 Four key regulatory AI trends insurance firms and professionals can expect to see this year, according to law firm Locke Lord.
February 12, 2024 CMS: MA insurers can’t use algorithms to deny care The Centers for Medicare and Medicaid Services sent a memo to all Medicare Advantage carriers recently, clarifying that MA insurers are not allowed to use algorithms or artificial intelligence-powered tools as basis for denying care or coverage.
January 2, 2024 Did insurtech live up to the hype in 2023? The hype died, the venture capital money dried up, and 2023 might have been the year the insurtech business came face to face with reality.
December 26, 2023 New York Life recently boosted its artificial intelligence team. New York Life explores generative AI possibilities with ex-MLB executive Both state regulators and insurers like New York Life are exploring the potential for artificial intelligence in the future of insurance.
December 13, 2023 U.S. to study possible federal cyber insurance program U.S. Treasury Department to initiate further studies on the need for a federal cyber insurance program or “backstop.”
December 5, 2023 Advisors should see digital tools, apps as opportunity, J.D. Power says Financial advisors can use mobile wealth management apps as a means to increase client engagement and satisfaction, a recent study found.
November 8, 2023 AI to “change everything” for financial services, says banking panel While it’s expected Al will transform businesses like financial services, a consumer banking panel believes the changes will be jaw-dropping.
October 20, 2023 Bringing DEI principles to tech leads to exceptional customer experience A DEI-focused technology partner can maximize the value of your operational investment and ensure accessibility for all.