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Swiss Re streamlines insurers’ natural disaster response with AI

CIO Business Intelligence

Natural disasters have been increasing in frequency, severity, and diversity in recent years, pressuring insurers to be more efficient and to anticipate event and claim fallout. In his role, Vasagiri is responsible for the data and software assets deployed to Swiss Re’s clients, as well as the company’s overall data strategy.

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Demand elasticity estimation and price optimization for an Insurance major

bridgei2i

Case study: Demand Elasticity Estimation and Price Optimization for an Insurance Major. The client is a P&C insurance leader in Asia wanted to optimize their price & demand elasticity estimation. Learn how the right AI strategy can take your business to its pinnacle. Business Context.

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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. As AI technologies continues to mature and use cases expand, insurers should not shy from the technology.

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Data-Driven Companies Leverage OCR for Optimal Data Quality

Smart Data Collective

One study by Think With Google shows that marketing leaders are 130% as likely to have a documented data strategy. Data strategies are becoming more dependent on new technology that is arising. Optimize your time. Driver’s license verification for insurance purposes. The benefits of big data cannot be overstated.

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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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Machine Learning Transforms Life Insurance Beyond the Actuarial Process

Smart Data Collective

The insurance industry is among those that has found new opportunities to take advantage of machine learning technology. Life insurance companies in particular are discovering the wondrous opportunities that AI provides, since this sector faces some unique challenges relative to other insurance offerings.

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Optimizing Cost with DevOps on the Cloud

Smart Data Collective

Reasons for Cost Optimization Cost optimization is an important part of any organization’s DevOps strategy. By optimizing costs, organizations can maximize their profits and keep up with the ever-changing business landscape. But what are some of the reasons why DevOps teams should consider cost optimization?