This presentation provides an overview of some of the AI tools available to consumers, legal practitioners, and insurance industry professionals, including AI’s potential benefits and pitfalls. Attendees will learn about resources relating to AI governance and education, as well as how regulators are addressing the use of AI by insurers. The session will cover duties lawyers have with respect to AI and related challenges. The presentation will also discuss how carriers can use AI to analyze portfolios, optimize runoff strategies, detect fraud, gain insights from legacy books of business, and optimize efficiency. 

Panelists: 
Teresa Snider, Partner, Porter Wright Morris & Arthur LLP 
Karen Borg, Consulting Director, Reinsurance Contracts, CNA 
John Standish, Co-Founder, Chief Innovation and Compliance Officer, Charlee.ai 

Leveraging AI for Legacy Books of Business: Practical, Regulatory, and Ethical Considerations00:57:38
Leveraging AI for Legacy Books of Business: Practical, Regulatory, and Ethical Considerations 00:57:38
Leveraging AI for Legacy Books of Business: Practical, Regulatory, and Ethical Considerations - Evaluation

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