RGA decided to put ChatGPT to the test by posing three questions related to underwriting and the future of life insurance. The answers from ChatGPT are entirely AI-generated.

Customizable cloud solution improves algorithmic risk assessments

Rising repair costs and lack of insurance education contribute to coverage gaps.

The main opportunity comes from the ability to optimize workflows and offer better pricing models.

Growing up surrounded by search technologies, online shopping, and mobile apps means that these digital natives have come to expect speed and efficiency.

The digital life insurer offers simplified solutions and processes that remove the confusion from buying life insurance coverage.

As consumers continue to rely more on digital transactions, it will become increasingly important for incumbent insurance carriers to integrate new technologies.