2 of my role models already gave their thoughts about the the role of the regulator in the #insurance industry.
“Regulation is Opportunity” – Gary Vaynerchuk
“We don’t defend insurance incumbents” – Dr. Frank Grund
So, even regulators support #innovation and digital transformations like #ai as long as they will understand the algorithm and the regulations will be met.
Incumbents should see these as opportunities – actually, the sky’s limit.
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