Axa reveals how AI is transforming the business

Axa UK & Ireland has 12 “between proof of concept and proof of value” artificial intelligence initiatives currently ongoing across the business, according to CEO Tara Foley.

While reports abound stating AI may result in some insurance workers being thrown on the scrapheap, in an exclusive interview with Insurance Post due to be published next week, Foley insisted it is an

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Police warn insurers about uptick in deepfake fraud

Detective Chief Inspector Tom Hill, head of unit for the Insurance Fraud Enforcement Department at the City of London Police, has warned audio and visual manipulation enabled by technology, also known as deep fakes, is a major growth area for insurance fraud.

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