INSURERS ARE RETRAINING AI, INSOURCING DATA TO REGAIN CONTROL

Summary from the TLDR Fintech newsletter

Insurance companies including MSI, American Growth Insurance, and VIPR Solutions are bringing more data operations in-house after early vendor-led deployments produced inconsistent results. By training models on carefully governed, company-specific information, insurers hope to improve accuracy, limit hallucinations, and maintain greater oversight of automated decisions.