article thumbnail

Fueling Innovation in Insurance With AI

Dataiku

Innovation is difficult to achieve within insurance firms as evidenced by excessive levels of paperwork and processes customers are required to complete to make a claim or sign up for a new policy.

article thumbnail

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
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

CIOs set their agendas to achieve IT’s ultimate balancing act

CIO Business Intelligence

Hyatt’s experimental mindset and listen-first approach are heavily applied to IT’s pursuit of innovation, he says. When Renganathan was spearheading digital at his previous company, Farmers Group Insurance, IT wanted to bring operational excellence to its customer contact management system. He learned that the hard way.

Strategy 135
article thumbnail

Digital listening reveals 3 leading innovation drivers

CIO Business Intelligence

The industries these decision-makers represented include insurance, banking, healthcare and life sciences, government, entertainment, and energy in the U.S. It surpasses blockchain and metaverse projects, which are viewed as experimental or in the pilot stage, especially by established enterprises. and tokenization.

article thumbnail

Next Generation Credit Decisioning with Decision Modeling

Decision Management Solutions

It’s also critical to design and run experiments, champion/challenger as well as A/B testing, to see how robust these new signals are. James has spent the last 20 years working in decisioning and has led Decision Management efforts for leading companies in insurance, banking, health management, and telecommunications.

article thumbnail

CIOs press ahead for gen AI edge — despite misgivings

CIO Business Intelligence

based online insurer, is developing an LLM-based platform to handle customer requests with far more intelligent and enhanced chatbots. Yet, the intense focus on gen AI has only accelerated experimentation for CIOs and vendors, including Musk, whose xAI will reportedly enter the AI arms race.

Risk 141
article thumbnail

Getting ready for artificial general intelligence with examples

IBM Big Data Hub

While leaders have some reservations about the benefits of current AI, organizations are actively investing in gen AI deployment, significantly increasing budgets, expanding use cases, and transitioning projects from experimentation to production. Audio (56%) : Gen AI call centers with realistic audio assist customers and employees.