ACGLArch Capital Group Ltd.

“the way it really help us and speed up the process is to write some of the codes. I think we old didn't do it out there. But when we did, it was really helpful. And the big help was on the testing. A lot of the testing was done by AI, and that really accelerated the time to market. So those are the 2 aspects that we -- when we talk to the teams, the really highlight as the impact of AI on this shift”

“we see it as a real current threat. But we don't really see it's changing the cyber product. I think we see the cyber product as more of a the cyber market as more of an arm race between attacker and defender. And certainly, Mythos is accelerating that trend. But Mythos can help the attacker, but the defender can also reinforce in deference using the same model. So we think it's really an acceleration of the speed at which maybe cyber attacks can be conducted. And it's -- and to your point, it's also an acceleration of the scale. So I would think because the scale would be larger I would think we see it more as an increased systemic risk.”

“we've been investing in AI for the last 10 years, both in mortgage and P&C. So we've deployed a bunch of AI and machine learning models and -- but it's changing really fast. I think the industry in our struggle is really to really show results while at the same time, working on our data strategy and our integration of our system to really support AI at scale. And third, really figure out what AI would look like 3 years from now because it's changing so quickly. If you look at the Entropic model, they open huge opportunities to do certain things, but what's next.”

“it was a build-out of a brand-new effectively platform infrastructure, right? So it's unusual in that sense that we bought the business. But without the systems, we had to create this infrastructure or this platform, brand new that we ourselves at Arch did not have. So it's -- that's where I think to Nicolas' point, the AI kind of capabilities really came through and helped speed up the process.”

“we are focusing on building new tools to really help our underwriters with battery selection, triage and so on that will make them more productive.”

“represents a strong use case for artificial intelligence in accelerating systems and platform transformation”

“it's certainly something that is coming at us really quickly, really fast. We're trying to think of ways where we can kind of, again, automate things, and we're doing some of that, but I think there's -- it's still very early innings, very early days of that. So I think we'll -- that will evolve, and we'll see where it goes.”

“underwriting discipline powered by insights from our investment in data and analytics, rewarding our underwriter for profit and volume, and prudent capital management continues to differentiate Arch and drive long-term value for our investors”