Marsh McLennan has introduced LenAI, a revolutionary generative AI tool crafted at the company’s Dublin Innovation Centre in collaboration with Oliver Wyman Digital
The cutting-edge tool is now accessible to over 85,000 colleagues across the globe. Powered by advanced technologies from Microsoft and OpenAI, LenAI is not just a tool; it’s a catalyst for heightened productivity and a game-changer in client work effectiveness.
Early adopters at Oliver Wyman have enthusiastically reported significant time savings, with an average of eight hours per week. This newfound efficiency is attributed to a 20% reduction in time spent on mundane, repetitive tasks, allowing professionals to redirect their focus towards more intricate and strategic endeavours.
LenAI marks a significant stride in Marsh’s commitment to innovation, positioning the company at the forefront of AI-driven advancements within the insurance landscape.
Speaking about the news, Paul Beswick, SVP and global chief information officer, Marsh McLennan, commented: “We have some of the brightest minds in business working across our four businesses and a collaborative culture. When it came time to introduce the tool, we were able to deploy it quickly and securely. Since its full launch recently, LenAI has been a game changer for our teams, enabling them to work smarter for the benefit of our clients.”
Vivek Sen, partner, head of digital, Oliver Wyman, Americas, said: “We know AI has the potential to help our clients increase their productivity, transform complex and expensive processes, and do other things that were out of practical reach until now.”
He added: “We’ve always been at the forefront of helping our clients leverage the latest technologies even within highly regulated industries, and AI is no different.”
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Author: Joanna England
