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Insurance Charges Prediction Using MLIB

Analytics Vidhya

Introduction on MLIB In this MLIB article, we will be working to predict the insurance charges that will be imposed on a customer who is willing to take the health insurance, and for predicting the same PySpark’s MLIB library is the driver to […].

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PolicyGPT Can Clear All Your Insurance Queries

Analytics Vidhya

PolicyGPT is a service created to make health insurance more affordable. A Glimpse into the Future of […] The post PolicyGPT Can Clear All Your Insurance Queries appeared first on Analytics Vidhya.

Insurance 305
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How to Build RAG Chatbot for Insurance?

Analytics Vidhya

Introduction Insurance is a document-heavy industry with numerous terms and conditions, making it challenging for policyholders to find accurate answers to their queries regarding policy details or the claims process. This often leads to higher customer churn due to frustration and misinformation. appeared first on Analytics Vidhya.

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Applications of Machine Learning and AI in Insurance in 2023

Analytics Vidhya

Introduction Source: App Inventiv Like other industries, 2020 (the COVID-19 pandemic) was a rough patch for the insurance industry. Here are some of the numbers that support this claim: The Willis Towers […] The post Applications of Machine Learning and AI in Insurance in 2023 appeared first on Analytics Vidhya.

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Data Science Fails: Building AI You Can Trust

AI has the power to transform countless industries — including the healthcare, banking, insurance, and public service sectors, to name just a few — by introducing new efficiencies and revealing new opportunities for companies to solve problems.

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Solving the Insurance Industry’s Data Quality Problem

Corinium

Unfortunately for the insurance industry’s data leaders, many data sources are riddled with inaccuracies. Data is the lifeblood of the insurance industry. Using data to inform business decisions only works when the data is correct.

Insurance 221
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Insurers Under Pressure to Improve Customer Experiences

Corinium

With customers increasingly demanding fast, convenient insurance quotes, the industry’s data leaders are feeling the pressure to develop products, services and experiences fit for the modern age. AI-driven insurance app Lemonade is the latest in a long line of financial services innovations designed to put customer experiences first.

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