The integration of technology including AI, Machine Learning, and parametric will reshape the insurance industry and are key to its growth, according to Debasish Panda.
'Wysa Assure' offers mental health support for insureds while providing insights to insurers, with MLC Life in Australia the first to roll out the app.
AXA Secure GPT, which was built in just three months, will initially be accessible to 1,000 employees but a global rollout is planned for the coming months.
Swiss Re contributed to the creation of the toolkit, which is being introduced to help facilitate the appropriate use of artificial intelligence in the financial sector.
