This comprehensive guide by Dataiku explores the transformative potential of AI in the insurance industry. It examines high-value use cases such as claims processing, fraud detection, customer experience improvement and product development. It also discusses the role of AI in risk modeling, particularly in the context of cyber risk. It emphasizes the importance of responsible AI with a focus on accountability, sustainability and governance. The guidance also highlights the need for collaboration between data scientists and actuaries and the role of technology in facilitating this collaboration.

What will you learn when you read this document?

• How can AI transform the insurance industry and what are its high-value uses?
• How can artificial intelligence be used in risk modeling, especially in the field of cyber risk?
• What is the role of responsible AI in the insurance sector and how can it be applied?
• How can collaboration between data scientists and actuaries be facilitated?
• How can technology support the application of artificial intelligence in the insurance sector?”