Remove Big Data Remove Insurance Remove Risk Management Remove Unstructured Data
article thumbnail

Examples of IBM assisting insurance companies in implementing generative AI-based solutions  

IBM Big Data Hub

IBM can help insurance companies insert generative AI into their business processes IBM is one of a few companies globally that can bring together the range of capabilities needed to completely transform the way insurance is marketed, sold, underwritten, serviced and paid for.

article thumbnail

Commercial Lines Insurance- the End of the Line for All Data

Cloudera

I’ve had the pleasure to participate in a few Commercial Lines insurance industry events recently and as a prior Commercial Lines insurer myself, I am thrilled with the progress the industry is making using data and analytics. Another historic example is crop and livestock insurance in Germany in the 1700s.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What Are the Industries That Benefit Most from Big Data?

Smart Data Collective

Big Data is more than a trend or a buzzword. In 2020, the size of the global Big Data market reached 56 billion, and it’s on track to exceed 103 billion by 2027. Consumers are generating huge amounts of data at a rapid rate, and it is estimated that up to 90% of all data was generated only in the past two years.

article thumbnail

Why AI is the Driving Force Behind Financial Sector’s Intelligent Makeover

bridgei2i

Wealth Management for Clients. Most enterprises and heavyweight financial companies are acquiring start-ups with the motive to analyze the massive amounts of unstructured data automatically. The banking sector that makes the most use of AI is wealth management. Financial Advisory Services. The Future.

article thumbnail

Why AI is the Driving Force Behind Financial Sector’s Intelligent Makeover

bridgei2i

Wealth Management for Clients. Most enterprises and heavyweight financial companies are acquiring start-ups with the motive to analyze the massive amounts of unstructured data automatically. The banking sector that makes the most use of AI is wealth management. Financial Advisory Services. The Future.