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News, information and commentary about how today’s insurance executives, agents, brokers, actuaries, risk managers, underwriters and carriers can capitalize on AI, machine learning and robotic process automation to advance their business.
AI technology will bring a new process and new efficiency to claims adjusting.
The potential for artificial intelligence in insurance has built a lot of excitement, but is it all just hype?
A new study by LexisNexis Risk Solutions analyzes the state of AI and ML in the insurance industry in 2020. Here are the key findings.
While technology provides many solutions, assessing its success and the actual implementation will take time and effort.
By incorporating AI into their operations, insurers are investing in ways to automate claims operations without sacrificing accuracy.
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While artificial intelligence and machine learning have significant upside, they also come with challenges.
There is some hesitancy regarding the adoption of AI technology and uncertainty as to what approach to undertake.