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Combating Fraud in Insurance with Data

Cloudera

The insurance industry has a long and intimate relationship with fraud in many different ways. Insurance fraud can take place at a process or business function level, most notably in claims or underwriting. The different venues to commit fraud against an insurer are mind-boggling, with serious financial consequences.

Insurance 100
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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 105
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What is data analytics? Analyzing and managing data for decisions

CIO Business Intelligence

More specifically: Descriptive analytics uses historical and current data from multiple sources to describe the present state, or a specified historical state, by identifying trends and patterns. In business analytics, this is the purview of business intelligence (BI). Data analytics methods and techniques.

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7 famous analytics and AI disasters

CIO Business Intelligence

According to CIO’s State of the CIO 2022 report, 35% of IT leaders say that data and business analytics will drive the most IT investment at their organization this year. And 20% of IT leaders say machine learning/artificial intelligence will drive the most IT investment. AI algorithms identify everything but COVID-19.

Analytics 141
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Key Strategies and Senior Executives’ Perspectives on AI Adoption in 2020

Rocket-Powered Data Science

senior executives across eight industries: agriculture, banking, exhibitions, government, healthcare, insurance, legal, and science/medical. The sectors with the greatest increases in investment were insurance, banking, and agriculture, followed closely by healthcare and science/medical.

Strategy 198
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AI+BI: Augmented analytics will soon bring data-driven insight to the masses

Birst BI

If you’re a business intelligence (BI) and analytics application user, it’s likely that “data-driven insight to the masses” will soon be top-of-mind. Machine learning will transform BI and analytics. Any business leader already knows that AI is a large field.

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New CIO appointments in India, 2022

CIO Business Intelligence

A former CIO100 India winner, Bari has also previously held leadership roles at Max Life Insurance, HT Media, and SBI Card. In his new role, Ramamoorthy will lead technology and digital transformation for the bank, as well as be responsible for modern technologies such as APIs, AI and machine learning, and business intelligence.