Axa and Zego reject generative AI for pricing

FT insurtech panel 2024
Photo: Damisola Sulaiman

Axa UK CEO Tara Foley and Zego CEO Sten Saar have ruled out using generative artificial intelligence for pricing due to compliance concerns.

Speaking during the Insurtech: balancing innovation with risk panel at the Financial Times Global Insurance Summit yesterday, (13 June), Foley and Saar were aligned in saying that generative AI will

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@postonline.co.uk or view our subscription options here: http://subscriptions.postonline.co.uk/subscribe

You are currently unable to copy this content. Please contact info@postonline.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Post? View our subscription options

Register

Want to know what’s included in our free registration? Click here

Already have an account? Sign in here

This address will be used to create your account

AI insurtechs dominate Q3 funding

Artificial intelligence-centred insurtechs dominated funding in the third quarter of 2024, securing $897.4m (£691.2m) across 29 deals, according to Gallagher Re.

Most read articles loading...

You need to sign in to use this feature. If you don’t have an Insurance Post account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here