Overview
Generative AI adoption in P&C is inevitable.
Adoption is already underway, and the benefits are so significant that avoiding the risk is not an option. Instead, adoption of Generative AI in P&C must be accompanied by a robust but flexible approach to AI governance.
It’s about striking a delicate balance between innovation and responsibility, leveraging AI’s potential while safeguarding against its pitfalls.
- Setting clear policies for AI development and use
- Establishing oversight mechanisms
- Ensuring ethical AI practices
- Managing AI-related risks
- Maintaining regulatory compliance
Read this white paper for guidance and best practices.