7 min read
Managing civil infrastructure is a challenge that requires innovative new approaches and solutions to keep up with demands on time and resources. With computer vision, we can harness the power of AI to revolutionise how our built assets are...
4 min read
2024 has been a significant year for AI in insurance. New products and technologies are being developed and deployed, but regulations like the Consumer Duty are becoming clearer and more impactful. At 2024’s Insurance Post AI Summit, Mind Foundry...
5 min read
Global civil infrastructure is reaching a crisis point as it ages. Mind Foundry, Aioi Nissay Dowa Insurance, and the Aioi R&D Lab - Oxford are working together to build a solution that solves this problem with Human - AI collaboration.
10 min read
In high-stakes applications, AI often struggles to maintain its performance levels. With certain techniques and approaches, however, we can build AI systems that can continuously learn and adapt on the job. One key to AI’s revolutionary potential...
8 min read
Fraud is a constant and ever-changing threat in the global insurance industry. In partnership with Aioi Nissay Dowa Insurance, Aioi Nissay Dowa Europe and The Aioi R&D Lab Oxford, Mind Foundry has developed powerful AI solutions to combat it. In the...
5 min read
The condition of our civil infrastructure is approaching a crisis point. We need AI to help us reverse the damage. Every individual, community, and society relies on built infrastructure to live, work, and move around. But as time progresses,...
5 min read
Building a performant model in insurance is one thing. Building, deploying, maintaining, and governing hundreds of models in production is another challenge entirely. AI is already integral to insurance and has been the driving force behind much of...
5 min read
Why end-user insight and operational context are the keys to understanding AI performance in the defence sector. In Defence and National Security, the scrutiny placed on AI systems and the bar for responsibility and accountability are heightened,...
6 min read
AI adoption has accelerated in insurance in recent years, with 77% of insurers indicating they are at some stage of adopting AI in their value chain. At the same time, AI regulations worldwide are becoming more defined, and these regulations will...
7 min read
AI's potential to drastically enhance the insurance industry is extraordinary and undeniable, with McKinsey estimating AI could add up to $1.1 trillion in annual value for the global insurance industry. But just as AI's potential is beyond question,...
7 min read
In the insurance industry, understanding and trusting the decision-making process of predictive models is essential. Historically, insurers used simple models that were easily explainable to regulators, but in recent years, as many models have...
6 min read
On July 31st 2024, the Consumer Duty came into effect for both open and closed products, with far-reaching implications for any organisation offering a financial service or product in the UK. This includes the insurance industry, and insurers must...
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