image credit: Pixabay

Will ChatGPT disrupt insurance? Insurtechs weigh in

March 7, 2023


Whatever your feelings are about generative artificial intelligence (AI), ChatGPT believes it can positively impact the insurance industry.

The chatbot, which became a global sensation after its launch in November, made a case for itself at a demonstration at the Insurtech Insights Europe conference last week.

Prompted about the benefits it could give to insurance companies, ChatGPT its “knowledge” (based on 175 billion data parameters) and communication skills could assist customers with their insurance queries and help insurers stay on top of emerging trends and customer needs.

Read More on Insurance Business