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The risks and limitations of AI in insurance

IBM Big Data Hub

In my previous post , I described the different capabilities of both discriminative and generative AI, and sketched a world of opportunities where AI changes the way that insurers and insured would interact. You should host the model on internal servers. Efficient and accurate AI requires fastidious data science.

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How digital turned Nationale-Nederlanden into an omnichannel company

CIO Business Intelligence

Dutch insurance and asset management company Nationale-Nederlanden, part of the NN Group, has a presence in 19 countries and serves several million retail and corporate customers. The context tests us and it’s necessary to reinvent ourselves every day.”

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NLP Isn’t Enough. Leading Financial Services Companies Are Now Moving to Conversational AI.

CIO Business Intelligence

Today, most banks, insurance companies, and other kinds of financial services firms have deployed natural language processing (NLP) tools to address some of their customer service needs. The very best conversational AI systems come close to passing the Turing test , that is, they are very difficult to distinguish from a human being. .

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Governance and Fighting the Curse of Complexity

CIO Business Intelligence

Password strategies. Testing vendor solutions. Cyber insurance. Here we can look at monday.com, Asana, Trello, Hive, Zoho, and a host of others. There’s the complexity of security in the organization. Incident response plans. Training and awareness. Encryption. Anti-virus. Authentication. Data at rest. Data in motion.

IoT 65
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3 areas where gen AI improves productivity — until its limits are exceeded

CIO Business Intelligence

We did side-by-side testing,” he says. In testing, gen AI was also particularly good at generating test cases and creating dummy data for testing. We got 600 people together to test gen AI in a sandbox to try different use cases in 54 different categories.” It’s not about reducing headcount, he adds.

IT 128
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Bridging the IT leadership gender gap

CIO Business Intelligence

The Boston-based test-equipment manufacturer recently enlisted McKinsey to conduct education sessions with leaders across the company to help them understand specific issues women confront in advancing their careers. Very often when there’s a woman in leadership, she is the only female,” she says.

IT 112
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Modernizing the mainframe for the digital era

CIO Business Intelligence

The second is to host mobile applications, containers, and artificial intelligence (AI) applications — what Sonnenstein calls “acting as a full-fledged member of the modern universe.”. IDC analyst Peter Rutten says the bank’s strategy is consistent with the way many organizations are using their mainframes these days. M&T Bank.

Strategy 144