Generative AI in Insurance: A catalyst for transformation

Generative AI has the potential to deliver as much as 99.5% efficiency gains over traditional AI deployments.

Schedule a 30-minute workshop to understand how we can support your organisation in generative AI integration.

gen_ai

Generative AI: A Game-Changer in Insurance

Generative AI represents a paradigm shift in the insurance industry, offering transformative capabilities for insurance companies. In this whitepaper, you’ll learn about:

  • Transformative capabilities for Insurance companies
  • Best practices for incorporating Gen AI into business operations
  • Ethical and regulatory issues
Gen AI WP
Xceedance Logo
Generative AI

How Generative AI and ChatGPT are Reshaping the Insurance Industry

Band_1

Public or Private, Insurers Must Choose Based on Security and Privacy

Band_1

Where Generative AI will Make the Earliest Impacts in Insurance

Generative AI Use Cases in Insurance

Zero Shot

See how quickly AI can extract information even when the system has not been trained before.

Prompt Management

See how easily a minor tweak to the prompt can help the AI model improve accuracy.

Slip Comparison

See how the AI tool compares two policy documents side by side in just few seconds.

6 Insurance Use Cases for Large Language Models

“Insurance companies continuously seek ways to manage risks more effectively, improve accuracy, automate policy reviews, and enhance underwriting efforts. And generative AI tools offer a clear solution to these challenges.”
– Manish Khetan, President – Strategic Accounts, Xceedance.

Manish Khetan

Insurtech Insights

Our latest thinking and case studies