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Gallagher Re Highlights FairPlay in New Report on AI’s Impact in Insurance

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Gallagher Re, one of the world’s largest global reinsurers, has released a report this morning on the growing role of AI in the insurance industry, particularly in risk selection, pricing, underwriting, and portfolio management. The report features several case studies and profiles of InsurTech companies, including – you guessed it – FairPlay!

The report provides optimistic growth projections for the InsurTech sector, driven by continued AI innovation and increasing adoption of digital solutions. It also offers strategic recommendations for insurers adopting AI, emphasizing transparency, fairness, and privacy in AI systems.

FairPlay helps some of America’s biggest brands explain, de-bias, stress-test, and monitor AI-powered risk models. It’s an exciting time for InsurTech, and we’re thrilled to be at the forefront of this innovation! Thank you Andrew Johnston for recognizing our work.

Are you ready to harness the power of AI responsibly? Check out the Gallagher Re report and let’s connect!

Contact us today to see how increasing your fairness can increase your bottom line.