The European approach for Artificial Intelligence (AI) aims to promote Europe’s innovation capacity in AI while supporting the development and uptake of ethical and trustworthy AI across the European Union (EU). According to this approach, AI should work for people…
On 26th Noveber 2019, the TECHNGI group held their first conference, in partnership with Willis Towers Watson. We introduced a mix of top university researchers and industry practitioners participating as both presenters and panellists to enhance their depth of knowledge…
Alistair Milne, in a recent article in The Conversation, recommends an insurance based allocation of relief to protect businesses, non-profits and the self-employed from the impact of the current pandemic. He has a supporting technical analysis on SSRN, which examines…
This paper ‘Automated Regulatory Compliance in Insurance’, reviews the application of technology to support automated regulatory compliance (RegTech) in banking and capital markets and explores the opportunities for similar application of RegTech in insurance. It compiles our key insights and…
In the past year, Elon Musk and Tesla have fascinated the world with new innovations like the Tesla Cybertruck. There is excitement about most new Tesla products, but one hugely important one has been largely overlooked. With far less fanfare and…
This article uses insights from knowledge management to describe and contrast two approaches to the application of artificial intelligence and data technologies in insurance operations. The first focuses on the automation of existing processes using robotic processing intervention (RPA). Knowledge…
Artificial Intelligence (AI) poses fundamental questions for the insurance industry. How do AI and other forces shape the insurance industry? Can AI be used defensively by incumbent firms or is it purely a disruptive force exploited by new entrants? Loughborough…
The rise of Fintech challenges established financial centres and incumbent financial institutions to rethink their strategies to remain obligatory passage points in the age of digitizing finance. To appreciate these changes, it is important to maintain theoretical interchange between developments…
The increasing capabilities of artificial intelligence (AI) are changing the way organizations operate and interact with users both internally and externally. The insurance sector is currently using AI in several ways but its potential to disrupt insurance is not clear.…
This Lloyds report, co-authored by TECHNGI member Roger Maull, identifies four risks areas for AI: trust and transparency, ethics, security and safety. It highlights that as artificial intelligence systems become more complex, cyber breaches are likely to have an even…