Insurers Adopt AI To Transform Claims Processing

In a recent interview, Frank S. Giaoui, founder and CEO of Optimalex and scholar at Columbia Law School, outlines how insurers are integrating AI into claims operations and the attendant risks and benefits. He details use cases—early triage, fraud detection, reserving, automation—and warns about black-box models, embedded bias, PII/PHI breaches and AI-enabled fraud, urging explainable AI and stronger controls.
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