Axa reveals genAI enabled Lloyds Bank partnership
Paul Hollands, chief artificial intelligence and data officer at Axa UK, has revealed how the efficiencies brought about by generative AI enabled the insurer to partner with Lloyds Banking Group for its motor portfolio without hiring for new roles.
Last month, Axa became the sole provider of car and van insurance for Lloyds Bank, with roll-outs for the other brands Halifax and Bank of Scotland to come at a later date.
The five-year partnership
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