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How Insurers Can Tip the Scales With AI

Dataiku

The insurance industry is one of the oldest in the modern world. And like all aged, stately things, it moves both gracefully and slowly. One of the consequences of the industry’s inertia has also become one of its biggest pain points: its reluctance to evolve out of the many legacy technologies upon which it continues to rely.

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Automated Sales & Underwriting Strategies can Transform Insurance

bridgei2i

Automated Sales & Underwriting Strategies can Transform Insurance. One of the major repercussions of the COVID-19 pandemic in financial sectors has been the increase in awareness about insurable risks across categories and markets. Images 1: Challenges before insurance industry in the post-Corona world.

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Evolving Trends in Insurance in a post-COVID-19 world

bridgei2i

Insurance firm Swiss Re faced a $250m (approximately £215m) loss if the event was canceled instead of being delayed. This is just a tip of the iceberg of the massive losses the Insurance sector is staring at due to COVID-19’s onset. The insurance industry —which, in the US alone, accounts for $1.2

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Employee retention: 10 strategies for retaining top talent

CIO Business Intelligence

A well-establish, well-executed employee retention strategy is a key competitive differentiator, as a company’s ability to hold on to its talent — especially in tight hiring markets — has profound ramifications for its ability to operate at a high level, without the disruptions that employee turnover bring. Retaining top talent.

Strategy 128
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Building Smarter Financial Services: The Role of Semantic Technologies, Knowledge Graphs and Generative AI

Ontotext

Read about the latest use cases and trends in the Financial Services industry and learn how Generative AI and LLMs complement with key capabilities of knowledge graphs. It also can fuel various AI applications and we know that now everyone is interested in AI. So, let’s start with our first question. A graph can do that.

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Artificial Intelligence: Implications On Marketing, Analytics, And You

Occam's Razor

Primarily because we got our first real everyday access to products and services that used some form of AI to delight us. Here are the elements I’ll cover: + AI | Now | Local Maxima. + AI | Now | Global Maxima. AI | Now | Local Maxima. AI also seems so out there, so hard to grasp. No more theory, we felt it!

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How data, automation and AI are transforming Business Process Outsourcing into a competitive advantage

IBM Big Data Hub

Manik, VP and senior partner for IBM Consulting, outlined a massive opportunity to strategically redesign the client’s finance operations and payment processing by leveraging AI, data analytics, metrics and automation. When done right, it can make a business flexible, smarter and able to quickly scale to meet shifting market conditions.