Remove blogs the-insurance-industry-is-ready-for-change
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Generative AI use cases for the enterprise

IBM Big Data Hub

Streamline workflows with personalized content creation, tailored product descriptions and market-ready copy. Remember how cool it felt when you first held a smartphone in your hand? The compact design and touch-based interactivity seemed like a leap into the future. Automate tedious, repetitive tasks.

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Express Cloudera POV on 2021 data trends in insurance

Cloudera

We’ve written about the changes forced on the traditionally risk-averse insurance industry by COVID-19. In 2021, with the crisis hopefully fading, insurance will have time to evaluate the changes made in 2020, assessing what worked and what didn’t, and planning a new way forward rather than reacting in real time. .

Insurance 106
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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.

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Harmonize data using AWS Glue and AWS Lake Formation FindMatches ML to build a customer 360 view

AWS Big Data

Overview of solution In this post, we go through the various steps to apply ML-based fuzzy matching to harmonize customer data across two different datasets for auto and property insurance. In today’s digital world, data is generated by a large number of disparate sources and growing at an exponential rate.

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Streaming Analytics in the Real World

Cloudera

From leading banks, and insurance organizations to some of the largest telcos, manufacturers, retailers, healthcare and pharma, organizations across diverse verticals lead the way with real-time data and streaming analytics. This speed of change has enormous implications for businesses. The data shelf life is decreasing,” said Marr.

Analytics 101
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Optimizing Risk and Exposure Management – Roundtable Highlights

Cloudera

For financial institutions and insurers, risk and exposure management has always been a fundamental tenet of the business. Attendees included senior risk managers and analytics experts from financial institutions and insurance companies. Low Probability, High Impact Events Readiness. Pandemic “Pressure” Testing. Area such as:

Risk 100
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How to create a culture of innovation

CIO Business Intelligence

So much has changed since the early days of 2020 when the COVID-19 pandemic forced organizations to rethink where and how people work. What didn’t change was the need for organizations to continue to move forward with digital initiatives. Here, they and others share seven ways to create and nurture a culture of innovation.