Capital Markets & IT - lakyara March 2024
Financial institutions are under constant pressure to reduce costs, improve operational efficiency, adapt to regulatory changes and grow their business. NRI believes that a combination financial knowledge and information technology are crucial to the industry’s growth and development.
Through our lakyara reports, NRI identifies the various capital markets and IT issues impacting our clients and the future of their business.
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Insurance Markets
Generative AI has the potential to not only improve insurers’ operating efficiency but also perform insurance industry jobs as well as humans. In lakyara vol. 382, we evaluated pre-trained generative AI models to select one for an AI development program for the insurance industry. In this installment, we evaluate the extent to which training improved the selected models’ performance on an academic test (level-3 financial planning certification exam) and a practical skills test we devised in house.
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Insurance Markets
Generative AI has the potential to not only improve insurers’ operating efficiency but also perform insurance industry jobs as well as humans. We designed an AI development program for insurers and evaluated five generative AI models’ applicability to the insurance industry.
Contact
E-mail: kyara@nri.co.jp