Insurers need the right system to augment processes, manage decisions and provide guardrails in case of unintended outcomes. With the plethora of options available, choosing the right technology adoption strategy gets tricky.
Do you trust the models just on the basis of accuracy? Why explainability and controls are key for trusting AI solutions?
AI usage in the insurance industry is in the early adoption phase, and its influence and capability has made remarkable progress in the past few years. While existing rule based systems used by
How are insurers using AI in processing claims?
For an industry usually perceived as slow in adopting digital technologies, the insurance industry has attempted to keep abreast of technology driven fast-paced innovations in the recent years. Technology is a dramatically evolving