FCA’s Reynolds reveals how watchdog wants insurers to use AI
The Financial Conduct Authority has reiterated its support for artificial intelligence adoption in insurance, with interim insurance director Graeme Reynolds urging firms to innovate while ensuring consumer protections remain at the forefront.
Speaking at the Financial Times Global Insurance Summit in London today (24 June), Reynolds, pictured, said the regulator wanted to see insurers harness new technologies to improve efficiency and
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