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.