{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Paul Truesdell Podcast","title":"TAB - Technology Assisted Beginning","html":"","width":"100%","height":180,"duration":1148,"description":"Rough DraftTechnology Assistance Beginning – TABThe Paul Truesdell PodcastThe AI Revolution in Insurance: Why the Seasoned Professional Still MattersLet me tell you something that ought to keep a lot of folks in the insurance industry up at night. Artificial intelligence is about to shake the foundations of how insurance gets written, sold, and delivered. And whether that shaking stabilizes things or tears them apart depends entirely on who's paying attention and who's asleep at the wheel.We're watching a transformation unfold right now. The distribution of insurance as we've known it for decades is changing faster than most people realize. Agents are going to be scrambling. Underwriters are going to be scrambling. Policyholders are going to wake up one day and wonder why their application got denied by a computer that never met them, never heard their story, and certainly never understood the nuances of their particular situation.Here's the problem with artificial intelligence in underwriting. The technology loves homogenization. It loves milk toast. It loves everybody looking the same, living the same, driving the same, owning the same. When your lifestyle fits neatly into a hundred checkboxes, the algorithm hums along beautifully. But the moment you're unique, the moment your situation has a wrinkle or two that doesn't fit the template, you've got a problem. And most people have wrinkles. That's just life.Now here's what nobody wants to talk about. Whoever programs the algorithm is really making the decision. The computer isn't thinking. It's executing instructions written by somebody sitting in an office somewhere who may or may not understand the real world of risk. Anybody who's worked with AI for more than five minutes knows it has limitations. It can be remarkably helpful, but it's not the gospel according to the mouth of God. Unfortunately, there's a growing number of people who treat it exactly that way. They accept whatever the machine spits out as...","thumbnail_url":"https://img.transistorcdn.com/115-XsjkdwCpJ99xv-8oZ76t6jr8ScWEC5MYSKzL0ig/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS82MTUx/OWRiNTc0NTk0Y2Nk/M2VjYTliMGVhN2Zm/YTZkZi5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}