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Machine Learning Transforms Life Insurance Beyond the Actuarial Process

Smart Data Collective

The insurance industry is among those that has found new opportunities to take advantage of machine learning technology. Life insurance companies in particular are discovering the wondrous opportunities that AI provides, since this sector faces some unique challenges relative to other insurance offerings.

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Top 15 Warehouse KPIs & Metrics For Efficient Management 

datapine

Keep on reading to learn a definition, benefits, and a warehouse KPI list with the most prominent examples any manager should be tracking to achieve operational success. Now, let’s look at some benefits to keep putting the power of warehouse key performance indicators into perspective. Let’s dive in with the definition.

Metrics 217
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Interview with: Sankar Narayanan, Chief Practice Officer at Fractal Analytics

Corinium

I am the Chief Practice Officer for Insurance, Healthcare, and Hi-Tech verticals at Fractal. The Insurance practice is currently engaged with several top 10 P&C insurers in the US, across the Insurance value chain through AI, Engineering, Design & Behavioural Sciences programs.

Insurance 250
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11 ways to reduce your IT costs now

CIO Business Intelligence

Some organizations have been innovating, transforming, and growing so fast that they haven’t had time to clear up older cost structures that start getting in the way,” says Stewart Buchanan, research vice president on Gartner’s CIO team. Each dollar of operational cost reduction drips directly to the bottom line.”

IT 138
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What Is Digital Transformation?

Alation

Perhaps you want to boost your ROI or CAGR, or reduce the time your analysts spend accessing and leveraging data. Yet other goals seem a little aspirational and harder to quantify, but that doesn’t mean they’re not measurable — or achievable. Employee benefits: By empowering people to work from home.

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Building digital fluency in the C-suite and beyond

CIO Business Intelligence

Translating the CEO’s strategy Another legacy organization, 105-year-old The Teachers Insurance and Annuity Association of America (TIAA), has “a specific focus on elevating data and digital fluency” across the organization, says Sastry Durvasula, CIO and client services officer. You have to get that understanding first.”

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3 areas where gen AI improves productivity — until its limits are exceeded

CIO Business Intelligence

But the biggest benefit was to new and lower-skilled workers, who saw a 34% improvement. In February, McKinsey released the results of a survey showing that 84% of telcos using gen AI for customer services were seeing cost savings, and 45% of them reduced costs by 6% or more. What if writing code wasn’t the real issue?”

IT 128