Ethical AI in Insurance Consortium Expands with 10 New Founding Members and Launches Insurance AI Research Project
LAS VEGAS, Oct. 31, 2023 /PRNewswire-PRWeb/ -- The Ethical AI in Insurance Consortium (EAIC), which aims to foster responsible and transparent adoption of artificial intelligence (AI) for decision management in the insurance sector, is proud to announce the addition of 10 founding members, significantly broadening its expertise and potential impact. Simultaneously, the Consortium is launching a groundbreaking survey of insurance and reinsurance executives determining attitudes, readiness, and use of AI including Generative AI, large language models, and machine vision. This research aims to provide valuable insights and guide the formulation of ethical AI practices in the insurance domain.
- Simultaneously, the Consortium is launching a groundbreaking survey of insurance and reinsurance executives determining attitudes, readiness, and use of AI including Generative AI, large language models, and machine vision.
- This research aims to provide valuable insights and guide the formulation of ethical AI practices in the insurance domain.
- It's crucial that as industry leaders, we prioritize responsible AI adoption to enhance our services while upholding ethical standards.
- Founding members Socotra, Exavalu, and Cloverleaf Analytics expressed their enthusiasm for the Insurance AI research initiative and the expansion of the EAIC.