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TAL’s AI underwriting tool wins global prize

TAL has won a global award for its WunderWriter tool, which uses artificial intelligence (AI) and machine learning to audit underwriting cases.

The life insurer took silver in the AI category at the Efma-Accenture Innovation in Insurance Awards in Paris last week.

WunderWriter improves quality assurance in the underwriting process.

“This is a step-change for the business and a great demonstration of the potential of AI to support our business and our employees,” TAL GM Innovation Dan Taylor said.