Protector Forsikring Ord (PSKRF) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and welcome to the presentation of quarter three 2025 result for Protektor. As always, I want to start with who we are and a small recap of what we did this morning with all employees. The topic has for some time been the challenger, and it's to us very relevant with new technology and AI and a more uncertain future when it comes to how we should do what we do. So what we have done lately is to involve all employees in exploiting the opportunities with AI. And we've done that through giving access to an enterprise model through Google to absolutely everyone. So it gives the opportunity to generate agents and use AI as we know it through ChatGPT and other types of platforms. What we want from it is to make sure that everyone understands the value of data, because when you use AI with poor or little data, then you get the wrong results. And data is our currency. It is one out of two targets we have for 2025 for the company. And we practice saying that it is our job to invest that data and create value by understanding our risks and making profits out of that. And some of the activity we've done is... as you have most likely heard, challenging to quantify in an actual return. But obviously there are efficiency gains that you get immediately from usage of AI. But our focus is more to see if we can solve the more complex tasks. So focusing on really challenging AI and the creation of agents and support to solve what we either have seen as too capacity requiring or too complex to solve ourselves. And what we see is that we get these efficiency gains, so we've made some agents and some functionality that reads through health documentation for personal lines or employee benefits in Norway. It takes five hours normally to read through it and get something out of it. Now...