InsurTech weekly - An AI wishlist for Christmas

Are connected cars an opportunity or a threat for telematics insurance? Generative AI benefits for financial institutions

^{1️⃣ Are connected cars an opportunity or a threat for telematics insurance?}

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AVIVA warns insurers of telematics challenge that connected cars could present. ’This connectivity is not just a technological advancement – it represents the future of motor insurance as well,’ says head of retail specialty trading.

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^{2️⃣ Generative AI benefits for financial institutions}

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In just a decade, artificial intelligence (AI) has transformed from a promising research topic into an accessible and pivotal technology at the center of a new industrial revolution. AI is reshaping fundamental processes and functions across entire industries, from drug development and airline scheduling to supply chain optimization and medical imaging. AI is no longer a concept of the future—it’s a game-changer today. And companies that move ahead decisively and strategically with AI will gain significant lasting advantages within their industries.

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^{3️⃣ The state of Electric mobility}

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ADL’s current analysis covers 35 markets across all continents under varied situations regarding demographics, economics, motorization, energy generation, and so forth. In this Report, we provide an overview of the key results of the 2023 edition of the Global Electric Mobility Readiness Index (GEMRIX), which ADL first carried out in 2018 under the name, “BEV Readiness Study.”