Insurance Reporting Risk Management Statistics 
IBM Big Data Hub
DECEMBER 8, 2023
An organization is always changing and so are business needs; therefore, it’s important that an organization has strong metrics for tracking over time each risk, its category and the corresponding mitigation strategy. Risk transfer: Risk transfer involves passing the risk to a third party.
DataRobot Blog
APRIL 29, 2022
The stakes in managing model risk are at an all-time high, but luckily automated machine learning provides an effective way to reduce these risks. However, after the financial crisis, financial regulators around the world stepped up to the challenge of reigning in model risk across the financial industry.
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IBM Big Data Hub
FEBRUARY 15, 2024
Surface temperature statistics paint a compelling picture of the changing climate: 2023, according to the European Union climate monitor Copernicus, was the warmest year on record—nearly 1.5 Heavy rain and tropical storms: Climate change alters precipitation patterns, with NASA reporting more frequent periods of excess precipitation.
O'Reilly on Data
MAY 18, 2020
To date, at least 1,200 reports of AI incidents have been recorded in various public and research databases. And last is the probabilistic nature of statistics and machine learning (ML). Because statistics: Last is the inherently probabilistic nature of ML. First and foremost is the tendency for AI to decay over time.
IBM Big Data Hub
FEBRUARY 13, 2024
Generative AI uses advanced machine learning algorithms and techniques to analyze patterns and build statistical models. Each output is unique yet statistically tethered to the data the model learned from. Imagine each data point as a glowing orb placed on a vast, multi-dimensional landscape.
Smart Data Collective
SEPTEMBER 25, 2019
million penalty for violating the Health Insurance Portability and Accountability Act, more commonly known as HIPAA. However, according to a 2018 North American report published by Shred-It, the majority of business leaders believe data breach risks are higher when people work remotely. Time to Take Action.
Corinium
APRIL 25, 2019
Ahead of the Chief Data Analytics Officers & Influencers, Insurance event we caught up with Dominic Sartorio, Senior Vice President for Products & Development, Protegrity to discuss how the industry is evolving. I am head of Products here, which comprises of R&D, Product Management and Global Customer support.
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