<p><strong>Speaker 0</strong>: <span>Hello and welcome to this ensure TV News update. I'm your host Rory Palmer. Now, in this update, Zan Insurance published China's first white paper on Generative A I and Lloyds. This is the Net zero insurance alliance, but first up international insurance broker Haen has launched its telematics Data services right here in the UK.</span></p> <p><strong>Speaker 0</strong>: <span>The product called How and Drive utilises over a decade's worth of driving and claims data from Europe, as well as data from in in the UK to optimise insurer loss ratios and reduce risk in insurer portfolios. So it involves a beacon being installed in the vehicle which sends intervention communications to improve driving behaviour. And every policy holder,</span></p> <p><strong>Speaker 0</strong>: <span>regardless of age or driving experience, receives a driving behaviour score based on the data collected. Now, this score enables policyholders to reduce their premiums at renewal, making insurance more affordable for a wider range of customers.</span></p> <p><strong>Speaker 0</strong>: <span>How and drive comes to the UK after a successful rollout in Europe, where it's been used by more than 250,000 policyholders since 2018.</span></p> <p><strong>Speaker 0</strong>: <span>Next up, Zong, an Insurance and Zan technology have released China's first ever white paper on generative artificial intelligence technology, which is predicted to emerge as an essential strategic asset for insurance companies in the future. Now this white paper provides an in depth analysis of more than 30 specific areas</span></p> <p><strong>Speaker 0</strong>: <span>where a IGC technology could be implemented in the insurance field, including product design, actual science, marketing operations and customer service. Additionally, the technology has the potential to optimise daily operations and improve research and development efficiency for insurance companies across the board.</span></p> <p><strong>Speaker 0</strong>: <span>The document also highlighted obstacles faced by the industry in utilising technology, such as copyright hurdles, difficulties in adapting insurance data for model training and risks over customer data confidentiality.</span></p> <p><strong>Speaker 0</strong>: <span>And finally, Lloyd's announced its resignation as a member organisation from the Net zero insurance alliance with immediate effect, making it the 10th major insurance and reinsurance player to offer its resignation. Lloyd said that despite this, it will continue to support the UN S Principles for sustainable insurance</span></p> <p><strong>Speaker 0</strong>: <span>and sustainable development goals, adding it remains committed to delivering its sustainability strategy, including supporting the global economy's transition now. Prior to this, Lloyd's chief executive John Neil did urge the Climate alliance for insurers to make its membership rules less prescriptive or risk the whole thing falling apart.</span></p> <p><strong>Speaker 0</strong>: <span>Well, thank you very much for watching. We'll see you right here on TV next time.</span></p>