Price volatility in raw materials is a serious business risk for manufacturers. Unmitigated, price risk can lead to large swings in company P&Ls, threatening jobs and overall continuity.
What can be learned from some of the largest losses suffered to date? In this blog, we share our takeaways.
What can Satellites do for our planet?
Akin to putting plasters on a dying dinosaur in the hope that it will make the animal feel better, insurers have started experimenting with AI in their existing day-to-day operations with focus on the core processes of distribution and claims. Menial, repetitive tasks are being digitized, but for the time being AI application is generally limited to augmenting humans.
Would you rather have a system that diagnosed a terminal disease with 90% accuracy, but where the decision making process was completely unintelligible, or one which was 85% but where a doctor could unpick the inner workings and explain all the factors in the diagnosis?