As the insurance industry embraces digital transformation, cutting-edge technologies are reshaping the way we approach challenges and opportunities. Among these, Large Language Models (LLMs) have emerged as a powerful and promising innovation with vast potential to revolutionize various aspects of the insurance business.

Join us in this thought-provoking talk as we delve into the exciting world of Large Language Models and explore their capabilities within the insurance domain.

Through a comprehensive comparative analysis, we focus on two leading open-sourced LLMs, Falcon and Vicuna, to explore how these advanced models can transform various insurance-related tasks.

Central to our assessment is a set of carefully crafted insurance domain questions, covering a wide range of question types and aspects within the insurance field. This curated list allows for a comprehensive evaluation of how well the large language models understand and perform in insurance-specific contexts. By adopting a multi-dimensional evaluation criterion, we gain insights into the strengths and potential limitations of Falcon and Vicuna models, assessing their handling of insurance-related inquiries from various angles.

Throughout the talk, we will present domain examples and evaluation scenarios, showcasing how each model shines in different contexts and settings within the insurance domain. Additionally, we will outline a few potential use cases and recommend a suitable LLM based on their respective strengths. Get ready to explore the uncharted territories of Large Language Models in insurance and unlock their transformative potential.

Whether you are an industry expert, data enthusiast, or technology advocate, this talk will ignite your curiosity and spark engaging discussions on the future of insurance. Together, we’ll navigate through the untapped opportunities that await in this exciting era of Generative AI.