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Advancing AI Across Insurance by KPMG. Report Summary

AI and FinTech Learnings · 2024-11-11 · 15 min

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Episode notes

In this (AI generated) episode we explore AI in Insurance! Because there's a more engaging way to g through reports - someone telling you the key take aways, like a short story. So this is what I've done with the help of Google NotebookLM! This week this is our report of choice: KPMG. Advancing AI across insurance: Unlocking transformation with speed and agility Download HERE We ask notebook to answer the following: How does the insurance industry approach AI transformation? What are three key findings from the KPMG Insurance CEO Outlook? What are three risks associated with AI adoption in the insurance industry? AI Strategy Breakdown Is it as good as taking 30mins to read through the report in detail? Nop! Is it a great way to stay up to speed with what's going on in AI in the FinTech and Financial Services Industry? Definitely Yes! Efficiency and practical works. Key Takeaways (Of the pod & report - manually extracted): Gen AI is expected to become a US$1.3 trillion market by 2032 47% of insurance organizations that are experimenting with AI have set up AI centres of excellence. Identify your data sources and assess their quality as part of the internal review.

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