Remove Insurance Remove Optimization Remove Risk Remove Unstructured Data
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Examples of IBM assisting insurance companies in implementing generative AI-based solutions  

IBM Big Data Hub

IBM can help insurance companies insert generative AI into their business processes IBM is one of a few companies globally that can bring together the range of capabilities needed to completely transform the way insurance is marketed, sold, underwritten, serviced and paid for.

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Expion Health revamps its RFP process with AI

CIO Business Intelligence

Process automation and improvement is a perennial CIO agenda item, and the call for business process optimization is only getting louder — especially for those processes directly tied to the bottom line. We take the financial risk for this, which means that if there is anything that’s misrepresented, the money comes from our pocket.”

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Commercial Lines Insurance- the End of the Line for All Data

Cloudera

I’ve had the pleasure to participate in a few Commercial Lines insurance industry events recently and as a prior Commercial Lines insurer myself, I am thrilled with the progress the industry is making using data and analytics. Another historic example is crop and livestock insurance in Germany in the 1700s.

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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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Adoption of Automated Sales & Underwriting Strategies can Transform Insurance

bridgei2i

Adoption of Automated Sales & Underwriting Strategies can Transform Insurance. The insurance industry—which, in the US alone, stands at $1.2 trillion, is seeing the volume of insurance transactions growing every year. Images 1: Challenges before insurance in the post-Corona world. click here.

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How IBM and AWS are partnering to deliver the promise of AI for business

IBM Big Data Hub

IBM, a pioneer in data analytics and AI, offers watsonx.data, among other technologies, that makes possible to seamlessly access and ingest massive sets of structured and unstructured data. The retailer uses these insights to optimize inventory levels, reduce costs and enhance efficiency.

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The most valuable AI use cases for business

IBM Big Data Hub

By infusing AI into IT operations , companies can harness the considerable power of NLP, big data, and ML models to automate and streamline operational workflows, and monitor event correlation and causality determination. ML algorithms can predict patterns, improve accuracy, lower costs and reduce the risk of human error.