Barometer of generative AI adoption in the European insurance industry
Presented by Milliman
Milliman analyzed the adoption and use of generative artificial intelligence (AI) by insurers in the European market. Generative AI refers to deep-learning models capable of creating content by learning from the data they are trained on. This white paper focuses on large language models and vision algorithms and covers their applications in insurance, organizational approaches to implementing and scaling gen AI, the role of internal expertise, and technical and compliance challenges.