New white paper exploring what’s inhibiting AI success in life & annuity

McKinsey estimates that AI can create new economic value equal to almost 25% of revenue for individual insurers. However, like many other stages in our industry’s technological journey, AI is suffering from a common challenge – operating in harmony with legacy systems. We’ve identified three foundational challenges that if successfully addressed can help to release the full potential of AI:

  • Securing access to data from legacy systems and transforming it into usable formats for AI models
  • Orchestrating workflows to complete AI-triggered events and transactions across systems
  • Maintaining histories of training and transaction data to validate safe and compliant AI use

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