Search results for: “Artificial Intelligence”
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Leveraging Artificial Intelligence in Predicting Future Medical Claim Costs: An Actuarial Perspective
In the realm of insurance, predicting future medical claim costs is pivotal for maintaining financial stability and offering competitive premiums. Traditionally, actuarial methods have been the backbone of this process, relying heavily on historical data and statistical models. However, the advent of artificial intelligence (AI) has revolutionized this landscape, offering unprecedented opportunities to enhance prediction…
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How Artificial Intelligence is Improving Ben Admin Technology Platforms
Benefits administration (ben admin) technology platforms are often miscategorized as merely “enrollment systems.” As a result, the innovation focus has primarily been on the employee annual enrollment experience. But now, thanks to artificial intelligence (AI), ben admin technology providers are bringing year-round value and efficiency to both HR administrators and their employees. System Configuration and…
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Rise of the Robots: Benefits, Challenges, Risks, and Mitigation of Industrial Robots
There have been multiple generations of industrial robots, beginning in the 1950s with Unimaton, the first company to exist specifically to manufacture such robots. The initial robots were called “Unimates.” These robots could perform a single task, such as removing die-cast parts in the automotive industry. Today, we have industrial robots, collaborative or “co-bots,” and…
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AI and the Outlook for HR in 2025
Artificial Intelligence is everywhere! Human Resources is one of the most prominent areas where AI could create both efficiency and better decision-making tools. This session will explore some of the most common uses of AI in the HR world and discuss the pros and cons of the application of this revolutionary technology. Learning objectives: Discuss…
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Cyber Insurance Market Update – Q1 2025
The cyber market continues to be stable so far in 2025. That means customers in almost every industry class and across all revenue bands can purchase affordable cyber insurance coverage with sufficient policy limits to address many of the foreseeable incidents their companies may encounter. Part of this market stability and favorable pricing is due…
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How AI Is Helping Protect Environmental Risk
Environmental risks are uniquely complex. From remediation to brownfield development, underground storage tanks, and indoor air quality claims, no two projects—or policies—are the same. Whether you’re a contractor working with hazardous materials, a developer investing in contaminated land, or a company acquiring a business with legacy exposure, an insurance program must respond to specific, high-consequence…
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AI in Fleet Risk — Beyond the Hype
Artificial intelligence is everywhere — in software, underwriting models, maintenance diagnostics, and even recruiting. But for transportation companies, the question isn’t whether or not to use AI, but rather how to use it in a way that reduces risk, enhances safety outcomes, and boosts operational efficiency. Right now, too many fleets are chasing shiny…
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Client Advisory: Social Engineering in the Age of AI
Threat Actors are integrating AI in their social engineering attacks. With artificial intelligence (AI), social engineering schemes are becoming more sophisticated, creating new challenges in the insurance industry. Social Engineering Tactics 98% of cyber incidents involve some form of social engineering1. Historically, threat actors have manipulated trust, exploited fear, and created a sense of urgency…
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McGriff National Webinar Series (2025)
About the Webinar Series Webinars typically take place on the third Thursday of every month at 2:00 p.m. Eastern time. Each webinar lasts approximately 60 minutes. Registration links are provided below with each webinar; a confirmation email will be sent to the email address provided. Reminder emails will be sent 24 hours and one hour…