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Insurance Charges Prediction Using MLIB

Analytics Vidhya

Introduction on MLIB In this MLIB article, we will be working to predict the insurance charges that will be imposed on a customer who is willing to take the health insurance, and for predicting the same PySpark’s MLIB library is the driver to […].

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PolicyGPT Can Clear All Your Insurance Queries

Analytics Vidhya

PolicyGPT is a service created to make health insurance more affordable. A Glimpse into the Future of […] The post PolicyGPT Can Clear All Your Insurance Queries appeared first on Analytics Vidhya.

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Applications of Machine Learning and AI in Insurance in 2023

Analytics Vidhya

Introduction Source: App Inventiv Like other industries, 2020 (the COVID-19 pandemic) was a rough patch for the insurance industry. Here are some of the numbers that support this claim: The Willis Towers […] The post Applications of Machine Learning and AI in Insurance in 2023 appeared first on Analytics Vidhya.

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How to Build RAG Chatbot for Insurance?

Analytics Vidhya

Introduction Insurance is a document-heavy industry with numerous terms and conditions, making it challenging for policyholders to find accurate answers to their queries regarding policy details or the claims process. appeared first on Analytics Vidhya. This often leads to higher customer churn due to frustration and misinformation.

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How Data and Analytics Can Improve Insurance Claims Management

Smart Data Collective

Data analytics technology has been invaluable for businesses in all sectors in recent years. The insurance sector is no exception. Using data efficiently in the insurance industry is crucial. In a fast-paced world where data is everything, it is imperative to manage it tactfully to get the best results when required.

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DCO Insurance Benchmarks the Industry’s Digital Transformation Progress

Corinium

After a slow start, the insurance industry is embracing digital transformation – and this digital event highlighted how the sector’s data and analytics executives are leading the charge.

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Small Companies Use Analytics to Save Big On Business Insurance

Smart Data Collective

Big data technology has been a huge gamechanger in the insurance sector. More insurance are using big data to assist with the underwriting process. They have discovered that data analytics has made the underwriting process a lot easier. However, insurance companies aren’t the only ones affected by big data.

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