Introduction With growth estimates for the insurance industry in the US estimated to reach $6.4 Trillion by 2025, this industry is a critical part of our economy, but at the same time is also complex and challenging to understand. Even if you're not in the...
Insurance
NLP Use Cases in Fintech: Hedge Funds, Banking, & Insurance
As more and more companies go through digital transformations, Natural Language Processing (NLP) is emerging as a game changer. As you may already know, NLP is a part of Artificial Intelligence (AI) that uses Machine Learning (ML) to enable a computer system to...
How AI is Transforming Insurance Claims Fraud Detection
Fraudulent insurance claims cost insurance companies over $80B/year in the U.S. Insurance fraud detection AI is the key to insurance fraud prevention.
5 Ways Predictive Analytics is Used in Insurance
Predictive analytics is used in underwriting policies and in personalizing client services. Here are five ways predictive analytics is used in insurance.