“You have rapid technological change led by artificial intelligence, which is fundamentally altering how insurance products are designed, implemented, priced, distributed, and serviced.”
In the article “AI Is the Most Transformational Technology Since Electricity, Says Greenberg Traurig’s Fred Karlinsky” published by The Standard, GT Shareholder and Chair of the firm’s Regulatory & Transactions Practice, Fred Karlinsky, provides his insight into how AI is shifting the insurance industry.
Fred also notes that, although insurance compliance professionals are facing complex, consequential issues, we are also currently in one the most dynamic, challenging, yet opportunistic times the industry has ever seen.