Abbey Compton and I discuss the changing relationship between insurance and generative AI with Daria Lee Sharman in this edition of Insurance News Analysis. Our starting point is her most recent article, “7 Challenges the Insurance Industry is Facing with Generative AI.” We examine the potential and potential risks of this technology in the areas …
The aging population is the dominant industry force. As life expectancies rise and fertility rates decline, the median age globally is expected to rise from 30.9 in 2020 to 32 by 2025. Traditional milestones like marriage, retirement, and homeownership are evolving, resulting in a greater variety of financial obligations. For Gen X, this change is …