Whitepaper: LLMs in insurance – the executive briefing

it’s time you finally understand them

Balazs Fonagy

Balazs Fonagy

Chief Strategist

AI Free Download
14 October, 2024

All the basics you should know about Generative AI that transforms the insurance industry

If you browse the agenda of the biggest insurance conferences, you’ll notice that everyone is talking about Generative AI, especially Large Language Models. There are hypes, and then there are technologies that bring sweeping change. Generative AI is not hype—it has the potential to create massive value across numerous business areas. This is a technology that is likely to define the next decade.

While it may need some further maturing to be viable for critical business processes, many areas are already ready for practical applications. Now, you can leave it to engineers to understand how Large Language Models work and shape the future of insurance, or you can sit down with a cup of coffee and read through this guide. We guarantee that after reading, you’ll be equipped to make more informed decisions about investing in LLM-based systems. Sooner or later, we’ll all need to make those decisions—because this AI revolution is coming.

What you will find in this white paper:

  • A tech briefing for insurance business decision makers: understand how LLMs actually work
  • Why are LLMs so transformative? A framework to help you think about this new frontier of automation
  • Get a practical view of how modern LLM based systems are built to support your business’ unique needs
  • Understand reliability concerns and risk mitigation techniques
  • A practical framework to set up LLM projects to success