Strategic Risk, October 25, 2023 While 93% of companies recognize the risks associated with using generative AI, only 9% say they’re prepared to manage the threat, according to a new global research survey of [...]
SC Magazine, October 19, 2023 A majority of risk and compliance pros say employee use of generative artificial intelligence (AI) opens the door to business risk, adding that less than 10% of companies are [...]
PropertyCasualty360, October 19, 2023 “Generative AI is taking off at lightning speed and ushering in a new wave of business risks. Our research shows that most companies have been slow to respond, which creates [...]
Generative AI tools like ChatGPT are changing how people work and raising unforeseen business risks. The current economic climate is creating new concerns. Ransomware, deepfakes, and other sophisticated cybersecurity issues are emerging and evolving [...]
Commercial Risk, September 9, 2023 Advanced analytics, powered by artificial intelligence (AI), is set to transform risk management, helping companies predict future risk and automate aspects of risk identification and mitigation, experts have told [...]
AI like ChatGPT can extend the reach of GRC by making tasks easier and faster. Here’s what you need to know about integrating AI into GRC.
American Banker, July 14, 2023 Banks are picking up the pace to adopt technology that can provide holistic views of their risk after a spate of failures in the industry this spring raised questions [...]
Generative AI — like ChatGPT and Bard — is used by millions to create sales decks, draft emails, and even write jokes. While the possibilities for businesses to apply artificial intelligence to boost productivity – [...]
Chicago, Ill., June 8, 2016 – RISKONNECTannounced the release of a new capability for its CLAIMS ADMINISTRATION clients: Riskonnect Claims Intelligence. This new capability evolves Riskonnect ’s feature-rich claims administration software by empowering users to make better [...]
Use RMIS Software That Incorporates Artificial Intelligence Into Your Risk Management Practice Risk management is a crucial aspect of any business or organization because it helps identify and mitigate potential threats that may impact [...]
Risk is a natural part of running a company. However, only 8% OF BUSINESSES ARE ADOPTING ARTIFICIAL INTELLIGENCE (AI) diligently, separating these companies from the rest of the pack. The businesses that flourish practice proper risk management. [...]
Between Microsoft’s ChatGPT and Tesla’s self-driving technology, AI is beginning to capture the public imagination with its advanced capabilities. As a result, AI innovation is transforming industries everywhere — including claims and insurance. While claims [...]
