In a new Clear Path Analysis report, in conjunction, with Ortec Finance, we asked whether, given Artificial Intelligence’s (AI) rapid development, is now the right time to start exploring the effective use of AI in the Strategic Asset Allocation (SAA) process or should insurers and third-party managers allow for further development to occur before engaging?
In the report, Hens Steehouwer, Chief Innovation Officer, Ortec Finance, Ramzi Bibi, Head of Treasury & Investment, Arabia Insurance and Darren Bustin, Global Head of Solutions Capabilities & Insurance Solutions, Schroders, give their views on the emergence of AI in the industry and what it needs to be doing to prepare.
“AI is a rapidly evolving industry, so I don’t believe that there is ever an optimal time to begin that journey,” said UK-based Bustin when asked if now was the right time to be engaging with it – or whether it was wiser to wait and let the first cohort of those try to sink or swim.
