The future of insurance is set to be transformed by OpenAI, offering opportunities for improved risk assessment, fraud detection and prevention, and ethical use of AI. These technologies can help insurers make more informed decisions and improve their bottom line while providing a better customer experience. The integration of OpenAI and other AI and machine learning technologies has the potential to revolutionise the insurance industry in the coming years.

Note: **Views shared are purely of the speaker**

Points of discussion:

1. Can you tell us about OpenAI's role in the insurance industry? And What are some of the main opportunities that OpenAI can offer insurers?

2. Can you throw some light on the impact of generative AI and Language models on risk assessment and pricing models in insurance?

3. What are some of the biggest challenges facing insurers who want to use AI and machine learning?

Speaker Bio: Abhineet Sarkar is the Digital Innovation Leader at Tata AIA Life Insurance. Abhineet is a Bio–Fintech and Digital Innovation leader, with more than a decade experience in working across Banking, financial services and Insurance (BFSI) industry and tech consulting services. Currently he is heading Digital Innovation at Tata AIA Life Insurance. He is also an active Mentor of CII - Centre of Excellence for Innovation, Entrepreneurship and Startups (CIES) and Co-author of the AI Book. He was also featured in Fintech Times UK in 2019.