AI Use Cases for Insurance: Enhanced Risk Analysis and Decision-Making

Making decisions and troubleshooting in a flash. Fantastic?
Yes, AI brings it closer to reality. 

This event has already taken place. Fill out the form to receive the recording.

This event has already taken place. Fill out the form to receive the recording.

June 20, 2024

1 p.m. CST

Duration: 1h

Join the series of webinars by Sphere to learn if AI can automate tasks and speed up approvals, and recognize cyber threats freeing you up for more strategic work. We’ll cover essential topics such as:

  • Operational efficiency – get rid of manual processes
  • Unified architecture and utilisation of unstructured data
  • AI in Insurance – Myth or reality?
  • Using GenAI for detecting cyber security threats

Meet Our Speakers

Managing Director Data Practice at Sphere

With almost three decades of experience in Data Engineering, Strategy and Transformation, Mario brings the knowledge to empower tech by implementing value driven data intelligent solutions. Mario has contributed to successful projects such as Capgemini, Navistar, BMO, Columbus Global and TEK Global Systems. He is passionate about using ML, Data Science, and GenAI to continuously drive business growth using data.

Insurance/Reinsurance Executive & Founder at Cyber insurance

Alex has extensive knowledge of regulatory and compliance matters, in particular when it comes to developing new products and developing operations. He was the CEO and President of Watford Holdings Inc, an insurance group proposing specialty products nationwide in the United States. Prior to that, Alex was the President and CEO of AXA Insurance Company, leading a group of 45 employees managing a portfolio of commercial and personal line clients representing $180 million in premium.

Investor/Co-Founder at Inspire Health Tech

Chirag is an experienced leader managing the full lifecycle of company formation and liquidity events. He has had several VC-backed companies and has experience with multiple recapitalizations. He has been in the Fintech/Insurtech space for over 14 years in the west coast of the US. He is a former Goldman Sachs banker and a former Federal Reserve Board of Governors official. He has earned degrees in Engineering, Business and Public Policy fields.

Meet Our Panel Moderator

Business Development Director at Sphere

An experienced executive who is passionate about technology, business and especially about using innovative technology to solve business problems. Joe takes the time to fully understand a business, its challenges, and drivers of the people making the business decisions. During his career, he managed to be a part of well-established businesses like Gartner and World Wide Technology.

Event Details

You’ve certainly heard that the power of AI algorithms can work wonders. Insurance companies already started improving accuracy in risk assessments, reducing manual claims processing, and gathering insightful analytics with the power of AI. But it definitely has more to offer.

For instance, AI can significantly enhance data analytics and modelling potential risks. Plenty of insurance businesses have already automated the monitoring of model performance and set up alerts if metrics fall outside tolerance levels. 

Moreover, AI can significantly enhance cybersecurity by identifying vulnerabilities, generating detection rule code, and recognizing malicious patterns. It makes risk detection smarter by speeding and aggregating security insights and anomalies.

During our series of webinars, we’ll reveal use cases and potential scenarios of AI-application for insurance companies and brokers hosted via panel discussion with technology leaders as well as AI enthusiasts. 

Join us on this journey of discovering the power of AI and get a chance to have a lively discussion with our panelists.

Agenda

During this webinar, we’ll try to answer whether these claims are true or just another marketing story. The webinar will be held in a panel discussion format between practitioners and tech experts who have already built AI solutions for Insurance.

Key topics that will be covered include:

  • Using GenAI for detecting cyber security threats
  • Manual claim processing can be replaced by AI. Myth or reality?
  • Q&A Session with speakers

What you get

Sign up for our series of webinars and get actionable insights from industry leaders and technology experts. By signing up, you are free to join both webinars and get bonus materials from the Sphere team.

Exclusive insights from insurance tech leaders

Q&A to get answers on the hottest topic

Free playbook with key insights

Loading form

This event has already taken place. Fill out the form to receive the recording.