The Mind Foundry Blog

Discover the latest articles on AI and Machine Learning.

Practical Steps for Scaling AI Governance in Insurance Pricing

4 min read

7 Steps for Scaling AI Governance in Insurance Pricing

The complexity of modern pricing models, coupled with the regulatory changes that are due to come into effect this year, means that insurers need to start implementing proper AI governance. However, scaling this governance to span a business that...

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4 min read

Aioi R&D Lab - Oxford in 2024

One year into its mission to solve global-scale societal issues through the creation of products and services powered by AI technologies, the Aioi R&D Lab - Oxford is breaking barriers in global collaboration, driven by a commitment to the...

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6 min read

Why Insurance Pricing Needs AI Governance Now

Insurance is an incredibly competitive industry. The sheer number of customers, competitors, and small margins make for an adversarial landscape. Pricing is like a microcosm of the insurance industry, with every insurer jostling for the attention of...

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AI Regulations around the World

6 min read

AI Regulations around the World

This article will continue to evolve and change as new details and milestones around AI Regulations emerge. A history of these edits can be found at the end of the piece. In the last decade, we have witnessed the most significant progress in the...

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Mind Foundry blog index

7 min read

All of Mind Foundry's Blogs

Here are the blogs that Mind Foundry has written recently. We've separated them into their respective topics or sectors to help you find what you're interested in.

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Explainability in pricing

4 min read

Why Is Explainability Important in Insurance Pricing?

As an industry driven by data and complex algorithms, the insurance sector stands at a crossroads where transparency and explainability in pricing models are becoming more than just best practices—they're becoming imperatives. As the tools and...

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Crossing The AI Deployment Feature Image

5 min read

Crossing The AI Deployment Gap

With its unparalleled ability to turn data from raw material into a valuable resource, AI is more than an opportunity to innovate. Nevertheless, this doesn’t make it the answer to every problem that involves data. Although understanding and avoiding...

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How Quantum Computing and LLMs Will Revolutionise Insurance

6 min read

How Quantum Computing and LLMs Will Revolutionise Insurance

In a previous article, we discussed how the recently launched Aioi R&D Lab - Oxford was tackling the problem of ageing populations by using insurance telematics data and AI to detect the risk factors indicating cognitive decline in elderly drivers....

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Why AI isn't the Answer to Every Data Problem Title Image

5 min read

Why AI Isn’t the Answer to Every Data Problem

We have previously spoken about how AI is more than just an innovation opportunity, despite contrary prevailing wisdom. It can already solve real and complex problems in various challenging domains. But before work starts on implementation, it’s...

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5 min read

How AI Can Help Insurers Tackle Fraud

Fraud is one of the most pervasive threats to the insurance industry, causing damage to both businesses and customers. Every insurer takes steps to try and negate this threat, but how effective are these measures, and could AI hold the key to truly...

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How Do Machines Learn? title image

5 min read

How Do Machines Learn? Meta-learning as an Approach

In the previous two blogs in the series, we addressed what makes machine learning models trustworthy and how machine learning models fail. This blog is focused on how machines learn and one particular approach called meta-learning, which enables...

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3 min read

5 Ways to Manage AI Responsibly in Insurance

The integration of Artificial Intelligence (AI) and machine learning has already brought transformative opportunities across the rapidly evolving landscape of the insurance industry. As data generation has surged and competition intensified,...

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