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Preparing insurers for future Generative AI advancements: MAPFRE

March 20, 2024

In a recent report conducted by Spanish insurer MAPFRE, a framework of actions is presented for insurers to consider in anticipation of potential advancements in Generative Artificial Intelligence (AI), aimed at mitigating risks and fostering a positive impact on society.

The report, titled, “Exploring tomorrow: the role of insurers in a society marked by Generative AI”, outlines four extreme yet plausible scenarios for how Generative AI could impact society by 2029, along with the role the insurance industry could play in each scenario.

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