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Insurers have been long aware of the perfect storm of converging market trends pointing to the permanency of digital disruption and change. Yet, the industry – especially the big players – always seemed to move their collective house further away from the shoreline. 

Goldman Sachs was founded in 1869 and joined the New York Stock Exchange in 1896. Since 2016, Goldman Sachs has begun moving into consumer financial products. The company is headquartered in Lower Manhattan with regional offices in England, Poland, Hong Kong, Tokyo, Bangalore, and on US soil in Dallas and Salt Lake City.

Critical to the definition of robotic process automation (RPA) is the notion that the tasks a 'robotic' software automates are repetitive by nature, with exceptions in rare instances. While RPA cannot independently learn from and adapt to new contexts and workflow problems, it can if the RPA system is imbued with the correct AI capabilities. 

Proving the economic value of AI projects remains paramount to the success and continuation of any machine learning-related project. As more companies adopt AI technologies, measuring these projects' success is increasingly important – unfortunately, proving this value is proving anything but straightforward.

For a tech subsector on everyone's proverbial lips' at the moment, things can hardly be described as 'easygoing' for the AI vendor startup market in 2023.

PwC (PricewaterhouseCoopers) is a professional services firm that provides a range of consulting, audit, and advisory services to clients worldwide. Per its annual report, the company's revenue was USD 50.3 billion, employing 328,000 people in 152 countries.

DHL is a German logistics company that offers parcel delivery, express mail, freight forwarding, and third-party logistics. Its parent company is Deutsche Post (‘DPDHL’), the world’s largest logistics enterprise, operating in over 220 countries and employing more than 510,000 people worldwide. 

Bank of Montreal (BMO) is a North American bank that provides personal and commercial banking, global markets, and investment banking. The bank caters to over 12 million customers with over 1000 branches. Per the bank's 2022 Annual Report, BMO earned approximately CAD 33.71 billion in revenue.

Although not often regarded as a technological first-mover, the insurance industry has recently seen robust, even rapid, adoption and deployment of AI capabilities, particularly in those related to natural language processing (NLP). 

Traditional investors have several mechanisms for achieving their desired portfolio risk level. One of the most common methods involves the use of correlations. The more well-known 60/40 and 80/20 models distribute investments in a specific ratio of equities/bonds. These models are based on correlations between markets.