Leveraging Artificial Intelligence For Banks And Insurance Companies

This seminar offers a comprehensive insight into the digital changes occurring in the finance and insurance industries, proposing an analysis of AI’s current and potential role. In particular, it will offer advice to modern professionals on how to best understand and use these digital transformations.

Financial and insurance organizations can leverage the digital transformation journey to address existing and impending challenges through various solutions. These solutions include regulatory scrutiny, protection from data breaches, and customer experience optimization.

– Presenting the main trends that shape the future of digital finance and insurance.

– Digital finance technologies comprise Big Data, AI, Blockchain technology, IoT, and Cybersecurity. Big Data is data organized to reveal patterns, trends, and associations related to the original topic of study. AI is a branch of computer science concerned with creating intelligent machines capable of performing tasks usually requiring human intelligence.

– Banks and insurance companies can benefit from AI in the short and medium term and learn how to incorporate it into their operations. To aid them in this journey, assistance is readily available to help them understand the advantages of using AI.

– Incumbent finance and insurance organizations must position themselves appropriately against emerging Fintech and Insurtech firms while developing a competitive or collaborative strategy to remain effective.

– Companies and their employees face a surge of changes related to the future of work. To understand these shifts and adapt effectively, one must look at tips and tricks to make the transition smoother. This guide advises how companies can best use these new opportunities while preparing employees for a changed work environment.

– AI tools are becoming increasingly popular; among them are Generative AI tools like ChatGPT. In the coming decade, enterprises are expected to use these technologies for business operations. As such, it is important to know the trending AI tools available in the market.

– Developing a lifelong learning culture is essential for banking and insurance professionals to understand digital finance and insurance. To motivate them, fostering and facilitating learning opportunities must be integrated into their sound background.

WHY?

-Digital Finance and Insurance are constantly evolving with the help of technology enablers such as Big Data, AI, and Blockchain. To stay ahead of the curve, it is important to gain insights into these trends that will shape their future and decide how best to incorporate AI into business processes.

-Create a strategy for competing or collaborating with Fintechs & Insurtechs by boosting productivity through AI tools and fostering a learning culture. Establishing long-term knowledge provides the foundation to succeed successfully.

FOR WHOM?

Professionals in the banking and insurance industries wishing to explore the use of AI can benefit from gaining insight into its applications. Data scientists, AI engineers, and machine learning specialists are among those who this knowledge will best serve.

Chief AI & Technology Officers, executives, and decision-makers are responsible for leveraging AI-based solutions to obtain a competitive advantage. These individuals have the responsibility of implementing these solutions.

HOW? Face-to-face teaching, with demonstrations of Machine Learning and AI applications, interactive voting, and polls followed by Q&A, reviews, and discussions of real-life case studies and examples, is some method we use to provide necessary training.

The fourth industrial revolution has been driven mainly by business and technology; AI and automation, however, have greatly impacted society in this regard. This seminar will delve into the various digital technologies that have shaped this era, emphasizing Artificial Intelligence.AI tools that are becoming increasingly popular and can enhance productivity. For example, some of the most trending AI tools include machine learning, predictive analysis, and automation. These can be applied in banking and insurance to streamline fraud detection and customer segmentation.

Key Takeaways Of The AI Seminar:

Due to Industry 4.0 and AI being powerful productivity resources, AI and automation dramatically affect businesses and society. The banking and insurance industries, particularly, are transitioning toward a digital future.

The power of the fourth industrial revolution can be fully exploited by implementing new social contracts, policies, and management styles. Such measures would act as a catalyst and create an environment more conducive to innovation and growth.

Finance and insurance professionals have the potential to benefit greatly through the use of AI tools, which will serve as highly effective digital assistants.

The price of the seminar is 310 EUR (VAT not included). Individuals can get a 30% discount, while groups of three or more people can avail of a 20% discount. Moreover, members of Alumni EF are eligible to receive an additional 20% discount.

No reimbursements will be issued upon cancellations received within 8 days before the commencement of the program. Furthermore, it is important to remember that discounts cannot be accumulated or amalgamated. In the case of non-attendance, no remuneration of the program fee will apply.

After filling out the registration form, you will receive a confirmation email. Once the workshop starts, an invoice will be sent to the address provided in the registration.

Source: CPOEF

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