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Axa and Zego reject generative AI for pricing

FT insurtech panel 2024
Photo: Damisola Sulaiman

Axa UK CEO Tara Foley and Zego CEO Sten Saar have ruled out using generative artificial intelligence for pricing due to compliance concerns.

Speaking during the Insurtech: balancing innovation with risk panel at the Financial Times Global Insurance Summit yesterday, (13 June), Foley and Saar were aligned in saying that generative AI will

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