Since March 2020, Airmic has been issuing Friday Reading, a curated series of readings and knowledge resources sent by email to Airmic members. The objective of Airmic Friday Reading was initially to keep members informed during the Covid-19 pandemic. Today, Airmic Friday Reading has evolved in scope to include content on a wide range of subjects with each email edition following a theme. This page is a searchable archive of all the readings and knowledge resources that have been shared.
It’s time for banks to embrace, test, and fail with AI – Decoding AI risks: Fail fast or fall behind Text
Friday Reading Edition 196 (5th April 2024)
Banks depend on accurate and definitive models and outputs for decision-making, risk management and, ultimately, customer satisfaction. AI is designed in part to provide those reliable outputs — but the results so far have sometimes included mistakes.
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Friday Reading Edition 194 (22nd March 2024)
Jensen Huang, the CEO of Nvidia – the world’s most valuable chip company benefiting from a spending frenzy, which created a ‘tipping point’ for AI in February – is interviewed on CNBC.
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Friday Reading Edition 194 (22nd March 2024)
This Code of Conduct for Claims aims to serve to guide both the actions of the insurer and any suppliers involved, and also to reassure the claimants that due consideration had been given to the proper use of AI.
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Friday Reading Edition 194 (22nd March 2024)
In the first three parts of our series, we looked at the vital elements that AI applications must fulfil to benefit the insurance industry, the countless possibilities it opens up, and what it will take to foster trust in rapid machine advancements: What do these impending business changes mean for future generations working in the insurance industry?
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Friday Reading Edition 189 (16th February 2024)
As more people head to the polls in 2024 than in any previous year, what is the potential impact of deepfakes and disinformation on elections?
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Friday Reading Edition 183 (15th December 2023)
Artificial intelligence (AI) can help equip risk professionals to bring greater value to their organisations as strategic enablers. As fears of ethical and other risks around AI grow, it will reinforce the need for human decision making and oversight.
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Can we trust AI? Text
Friday Reading Edition 165 (11th August 2023)
Ensuring safety of AI systems is paramount. The opportunities and dangers it introduces have been a hotly debated subject in tech circles for many years, but today, with the increased use of platforms like ChatGPT, these debates include a wider section of the public.
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Friday Reading Edition 163 (28th July 2023)
In discussing Nigel Farage’s relationship with the bank’s Coutts subsidiary, the NatWest CEO breached the group’s policy. Her compounding error was that she had not got her facts straight when talking to the media – it turned out that Coutts didn’t drop Farage solely because he had fallen below the qualifying criteria to be a client. Its reputational risk committee had also deemed him to be too risky, because his views “were at odds with our position as an inclusive organisation”.
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Friday Reading Edition 162 (21st July 2023)
Generative AI is evolving at record speed while CEOs are still learning the technology’s business value and risks. Here, we offer some of the generative AI essentials.
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Friday Reading Edition 162 (21st July 2023)
In this guide, we'll venture beyond chatbots to discover various species of AI - and see how these strange new digital creatures are already playing a part in our lives.
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