The Future is
Now
The Future is
Now
Dr. Dave Rengachary, DBIM, FALU, FLMI
Senior Vice President Head of Underwriting
U.S. Mortality Markets
Jeff Heaton, Ph.D. Vice President Data Science
How ChatGPT could change the industry
Created by OpenAI, ChatGPT is an Artificial Intelligence (AI) powered chatbot that responds to questions and engages in conversation using opensource AI. It’s an evolving technology that could bring big changes to the insurance industry, with the potential to help with a range of tasks – everything from automated multi-lingual customer service and data analysis to generating communication products and policy summaries. But how well does it really work and what are the risks associated? Can it answer questions about life insurance and underwriting? We put it to the test!
Digital Underwriting Tool with RGA!
How is this technology being used in practice? RGA collaborated with DigitalOwl to produce the newly released V4.0 Digital Underwriting Abstract, which introduces the first medical generative language model summary specifically tailored to the insurance space.
Three Questions for ChatGPT
Note: Responses below were generated entirely by ChatGPT.
What is the future for digital distribution in life insurance?
How will COVID-19 affect U.S. long-term mortality?
Jerry's adoptive parents both died in their mid-40s due to hemophilia. How could this affect Jerry's long-term health prospects?
Frequently Asked Questions
Note: All responses below were generated the old-fashioned way – by humans :-)
What is ChatGPT?
Why is ChatGPT getting so much buzz?
What does this ChatGPT demo show us?
What are the main limitations of ChatGPT?
What is the potential relevance of ChatGPT to the insurance sector?
What are the risks associated with using AI in insurance and/or other industries?
Have an idea for the next issue? Want to know more about what we do or explore a potential partnership? Or do you have other questions? Please contact us »