Artificial intelligence meets the pensions and insurance industries

Wed 07 Feb 2024 -
11:00 - 12:00

Now that AI has arrived, it is time to consider how we can harness its power and incorporate AI into our jobs every day.

Over the past year, ChatGPT has become synonymous with AI and new tools are being released all the time. The pace of innovation is moving at an incredible speed.

Please join us in this session with Sally Bridgeland and Stuart Breyer where we:

  • go back to basics and discuss where AI works, and where it does not
  • explore the practical applications to our sector and respective businesses
  • discuss the ethical considerations in AI development
  • debate the role of governance and risk management with AI

Chair: Sally Bridgeland

 

Watch the webinar recording

You can view the recording of this webinar on the IFoA’s Virtual Learning Environment (VLE). Watch recording.

Featured Speakers

Sally is an actuary with extensive experience in innovation, risk management and responsible investment across investment management and pensions. She was CEO of the BP Pension Scheme in 2007-14 after twenty years with Aon Hewitt working as a consultant and in investment research. Her recent non-executive portfolio has included roles as trustee and investment committee chair at the Nuclear Liabilities Fund, NEST Corporation and the Lloyds Bank pension schemes and as Chair of the first local government pensions pool, Local Pensions Partnership Investments (LPPI) Limited.

Sally’s non-executive portfolio currently includes Chair at Impax Asset Management Group plc and non-executive director at insurers Royal London, Pension Insurance Corporation and Royal & Sun Alliance. She won the Non-Executive Director Awards 2023 - FTSE AIM for her role at Impax.

Sally is a Fellow of the Institute of Actuaries and has served the actuarial profession on its Council and professional committees. In the City of London, Sally is a Liveryman with both the Wheelwrights’ and the Actuaries’ Companies, having held office as the first lady Master of the Worshipful Company of Actuaries in 2016-17.

Sally’s passion for maths education is evident in her work as a member of the Royal Society’s Advisory Committee on Mathematics Education (ACME) and as Chair of the Strategic Advisory Board for the Centre for Mathematical Cognition at Loughborough University.

Sally is an Honorary Group Captain in 601 Squadron of the Royal Auxiliary Air Force, introducing diverse ideas to the way that the Senior Leadership Team of the RAF think and work.

Stuart is CEO of mallowstreet, the dedicated platform (on and offline) for the UK institutional pensions and insurance industries – with over 4,000 community members.

The platform’s goal is to help provide a better pension for everyone. After sustained and impressive growth, the firm’s service offering is now rapidly expanding with a new suite of products, called SOFI, that apply the power of machine learning technologies and AI. SOFI helps clients save time, check their messaging, improve delivery, monitor performance, and capture questions.

Alongside his CEO role, Stuart is a Trustee of the 10,000 Interns Foundation. The foundation is transforming the horizons of young talent with paid internships across more than 25 sectors through the 10,000 Black Interns and 10,000 Able Interns Programmes.

He graduated from Drexel University with an MBA, followed by several years at Susquehanna International Group in Philadelphia, and moved to the UK to complete an Msc in Social Planning and Policy at the LSE in 2006. Stuart still lives in the UK and in his free time enjoys running and travel.