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Video Q&A: Mind Foundry’s Selim Cavanagh
Ahead of next week’s Insurance Post AI Summit, he discussed the biggest challenge insurance companies have when adopting and scaling AI to ‘actually’ provide benefits to their business and to customers.
Cavanagh also addressed the need for insurers to feel confident in explaining to consumers and/or regulators how they are using AI in both a transparent and fair way, and the pros and cons for insurers building their own solutions themselves versus off-the-shelf alternatives.
Finally, he discussed the origins of Mind Foundry, why the business chose to work within the highly regulated world of insurance, and what viewers can expect from the business over the coming 12–24 months.
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