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
Introduction: Bigger Opportunities Machine learning and Artificial intelligence provide immense opportunities for the insurers who adopt these technologies effectively. These technologies essentially have the capability to transform various areas such as claims, customer