AI and machine learning no replacement for people

Underwriting will not become redundant as a result of artificial
intelligence (AI), but technology will change the nature of
underwriting, according to TigerRisk's global head of analytics
and technology Jayant Khadilkar.
Speaking at The Insurance
Insider's InsiderTech event in New York on 16
March, Khadilkar said computational developments were a tool to
help people make better decisions, rather than a replacement for
underwriters altogether.
"The mix of underwriters will change - the old-fashi