AI to Advance the Insurance Value Chain
Artificial Intelligence (AI) is transforming many industries, including insurance. AI, as used here, refers to a collection of modeling methodologies, tools and platforms, applications, big data utilization, and the thought process for problem solving in the field of Artificial Intelligence. As insurance is a highly specialized industry, the AI adoption needs to be customized. However, we have already seen many opportunities and high potential applications. This talk will discuss how insurers are leveraging the latest AI techniques across the insurance value chain, from sales & marketing, underwriting, costing/pricing, business management, to claims handling.
Boyi Xie is the Head of Modelling & Insights Americas at Swiss Re. His work focuses on developing AI-backed insurance solutions for different lines of business, including Life & Health, and Property & Casualty insurance. His work has helped digital transformation and the adoption of AI/machine learning in insurance products and operations. Boyi obtained his Bachelor's degree from Zhejiang University and Ph.D. from Columbia University.