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This panel at Imagination In Action’s ‘Forging the Future of Business with AI’ Summit of Lisa Dolan, Marcin, Detyniecki, Christopher Paquette, Henriette Fleischmann and Henk van Biljon about how insurance companies are using AI now and how they plan to use it. 0:00 Introduction 1:30 Introduction Of Panelists 4:44 LLM Models: Where Do We Stand To Improve? 9:46 Human Resources In 5 Years Time: How Is It Different With Technology? 13:17 Data Risks/Breaches: Insurance Is Meant To Be Preventative 20:39 Problems With AI And Insurance Companies 24:43 Risk Management More Predictable With AI? 28:03 Data, And APIs What Does It All Mean? 33:20 Systemic Risks And Social Companies Like Meta/Facebook Subscribe to FORBES: https://www.youtube.com/user/Forbes?s... Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more: https://account.forbes.com/membership... Stay Connected Forbes newsletters: https://newsletters.editorial.forbes.com Forbes on Facebook: http://fb.com/forbes Forbes Video on Twitter: / forbes Forbes Video on Instagram: / forbes More From Forbes: http://forbes.com Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.