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...
4 min read
One year into its mission to solve global-scale societal issues through the creation of products and services powered by AI technologies, the Aioi R&D Lab - Oxford is breaking barriers in global collaboration, driven by a commitment to the...
6 min read
This article will continue to evolve and change as new details and milestones around AI Regulations emerge. A history of these edits can be found at the end of the piece. In the last decade, we have witnessed the most significant progress in the...
12 min read
Here are the blogs that Mind Foundry has written recently. We've separated them into their respective topics or sectors to help you find what you're interested in.
4 min read
As an industry driven by data and complex algorithms, the insurance sector stands at a crossroads where transparency and explainability in pricing models are becoming more than just best practices—they're becoming imperatives. As the tools and...
5 min read
With its unparalleled ability to extract insight from burdensome volumes of raw data, AI is more than an opportunity to innovate. Nevertheless, this doesn’t make it the answer to every problem involving data. Even when applied to the right problems,...
5 min read
We have previously spoken about how AI is more than just an innovation opportunity, despite contrary prevailing wisdom. It can already solve real and complex problems in various challenging environments, with sonar signal processing in the maritime...
5 min read
In the previous two blogs in the series, we addressed what makes machine learning models trustworthy and how machine learning models fail. This blog is focused on how machines learn and one particular approach called meta-learning, which enables...
3 min read
The integration of Artificial Intelligence (AI) and machine learning has already brought transformative opportunities across the rapidly evolving landscape of the insurance industry. As data generation has surged and competition intensified,...
6 min read
Why do we expect more from machines than we do from each other? We lean on machines for so much, yet when it comes to judging their performance, we seem to have a double standard. A human can fail, time and time again, and still be forgiven. But...
4 min read
In our first blog in this four-part series, we discussed how Machine Learning (ML) models might be considered ‘trustworthy’, and we emphasised challenges in bias and fairness, the need for explainability & interpretability, and types of data drift....
6 min read
Generative AI (GAI) has been firmly at the centre of discussion ever since it was popularised by the launch of ChatGPT in November 2022. Although the insurance sector, with its focus on cost, has generally reacted with interest and excitement to the...
