AI In The Insurance Industry: Insights From Red Hat Summit 2024
Red Hat News, Monday, June 17th, 2024
The Red Hat Summit and AnsibleFest in Denver, Colorado, held on May 6-9, was an event brimming with insights, announcements, and open source discussions.
This year, the insurance industry took center stage and focused on turning the excitement surrounding generative AI (gen AI) into practical, consumable technology for professionals across the insurance domain, including actuaries, underwriters, adjusters, and customer service representatives.
During the keynote sessions, we featured the fictional Parasol, a company representative of real world insurance scenarios, to demonstrate how historical claims data could be used to fine-tune an AI model for a Chatbot application.