InsurTech Artificial Labs progresses ChatGPT underwriting pilot, eyes H2 launch
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InsurTech Artificial Labs progresses ChatGPT underwriting pilot, eyes H2 launch

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London-based InsurTech Artificial Labs is developing a pilot with several carriers and brokers that integrates a generative AI model, including the use of ChatGPT, into its algorithmic platform to enable faster, more accurate underwriting decisions.

The pilot, which does not involve any live risks, is being run to develop a tool that Artificial Labs said could save the time taken from submission to an underwriting decision by up to 50%.

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