LG CNS has signed a 130 billion won (US$88.8 million) agreement with Mirae Asset Life Insurance to support the insurer’s AI adoption and upgrade its core systems, the companies announced on Apr. 7.

The two-year project will involve LG CNS developing a generative AI platform and implementing a multi-hybrid cloud environment for Mirae Asset Life.

The enhancements will focus on areas such as insurance product development, contract management, payments, accounting, and sales operations.

As part of the initiative, LG CNS will train large language models using Mirae Asset Life’s data to create an internal AI platform.

🔗 Source: The Korea Herald