CPD WEBINAR: EMERGING RISKS - An Introduction to Artificial Intelligence/Machine Learning and how it is being adopted in Insurance

Event Overview

Artificial Intelligence. Or ‘AI’ as it is more widely known is regularly in the press with articles about how “AI will change the world”, “AI to replace humans” and “AI cures disease”. The UK Government has AI at the core of the Fourth Industrial Revolution and the Chinese Government has stated that it will be the world leader in AI by 2030. But is it all hype ? Or reality ?

In this webinar we will provide some basic definitions and explanations about what AI actually is and how it works as well as providing examples of AI in use in both our [personal and business lives, with a focus on the insurance sector.

Learning objectives
Delegates attending the webinar will:

• Have a simple definition of what AI is
• Have an understanding of the difference between Artificial Intelligence and Machine Learning
• Gain an understanding of the core components of AI
• Be aware of the differences between Strong AI and Weak AI
• Understand why AI activity has grown significantly in the last 10 years
• Have an appreciation of the benefits of AI for an organisation
• Be aware of AI in insurance use cases
• Be aware of the risks and opportunities that AI poses

Speaker Biography
The webinar is delivered by Gary Nuttall, an Emerging Technology Consultant with 35+ years' experience in data, analytics and emerging technologies, of which 10+ years is in the insurance sector.

He provides education, consultancy and advisory services to firms across the spectrum of financial services and has worked with several insurance companies and InsurTechs and has delivered training in emerging technologies such as advanced analytics, big data, blockchain and AI to banks, insurance clients and regulators.