Insurance companies are keen to adapt artificial intelligence in the enterprise, but first they must build up a layer of data and analytics excellence.
That was the sentiment in a panel discussion on artificial intelligence held at the Global Insurance Symposium in Des Moines, Iowa Wednesday. “People are talking about not just big data, but fast data, how we need to get that data and make decisions,” says Anand Rao, partner and innovation lead for PwC. “We need to build trust in these AI systems — they need to be transparent in how they interact.”
Author: Nathan Golia