AI in Insurance
High-Value Use CasesCombining mathematics and data analysis in insurance for prediction is not new but has perhaps come into the spotlight with recent worldwide buzz surrounding data science and machine learning. And in the past few years, the pace and scale of data science, machine learning, and ultimately AI adoption has accelerated to enhance or reinvent the processes core to the insurance business. The growth of data science, machine learning, and ultimately AI in the insurance industry is driven by a variety of factors, including the need to model evolving - and ever more complex - risk.
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- Up-and-coming use cases for data science and machine learning in the insurance space.
- Challenges traditional insurance companies face in implementing these use cases.
- Trends in how successful companies execute.