Generali & MIT collaborate to research AI-based applications

Italian insurer Generali has launched a research collaboration with the Massachusetts Institute of Technology (MIT) to explore practical applications of Artificial Intelligence (AI) and how it can provide competitive advantages to the insurance industry.

From January 2025, Generali and its various business units will work with three MIT research teams to explore new applications for existing AI-based solutions. The focus will be on areas such as advanced risk modeling, Property and Casualty claims assessment, and smart underwriting.

Generali’s data experts will work closely with MIT professors in dedicated working groups.

By leveraging the latest advancements in AI and Machine Learning, the collaboration aims to explore high-potential services and scalable solutions that foster innovation and knowledge sharing across the Group’s individual functions and business units.

Marco Sesana, Generali Group General Manager, stated, “Artificial Intelligence will continue to play an increasingly important role in our sector in the coming years and the collaboration with MIT will allow us to seize this potential, researching applications that may strengthen the integration of AI.

“Working together with the research team of the university, globally renowned for its approach in applied technology, we will continue to focus on the most advanced strategic skills for our Group’s next phase of growth”.

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