‘Understand and live’ with AI & Insurtech before pretending to regulate, CIMA chief urges Africa’s insurance authorities
Before setting rules, insurance regulators must live with AI tools long enough to understand their real-world behaviour, says the head of the supranational body setting insurance rules across 14 mostly Francophone West and Central African countries. Machine learning, AI and GenAI are poised to transform insurance distribution and risk modelling. South Africa’s Old Mutual has […]