Remove Business Driver Remove Predictive Analytics Remove Risk Remove Risk Management
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Incorporating Artificial Intelligence for Businesses : The Modern Approach to Data Analytics

BizAcuity

Combined, it has come to a point where data analytics is your safety net first, and business driver second. 85% of AI (marketing) projects fail due to risk, confusion, and lack of upskilling among marketing teams.(Source: The aim of predictive analytics is, as the name suggests, to predict and forecast outcomes.

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Using Technology to Add Value in Insurance

Decision Management Solutions

Manage Risk Better (aka underwriting and adjusting). And that while some of these will require an investment in technology, that investment should be framed in terms of those business drivers. On the risk management front, we have begun working with some insurers to automate underwriting and pricing.