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Allstate Introduces Large Language Model, ALLIE
['Chad Hemenway']
News Archives - Claims Journal
Allstate CEO Tom Wilson said the insurer has a “technology-drive strategy, not a strategy supported by technology.”
And the next step in the strategy is the build of ALLIE – Allstate’s Large Language Intelligent Ecosystem.
“We think there’s a bunch of other expenses [ALLIE] can help us reduce.
Wilson told the analysts that the large language model is “just another step along the continuum that we’ve been on for a long time” when it comes to artificial intelligence.
As far as expense, Wilson said Allstate is “not having any barriers right now to investing money and getting good returns.”