IBM Big Data Hub

MAY 8, 2023

Artificial intelligence (AI) is polarizing. 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. It excites the futurist and engenders trepidation in the conservative.

Insurance 71

Insurance Risk Testing Data Quality 71

CIO Business Intelligence

JULY 31, 2023

The same goes for reinsurance firms, which provide insurance for insurers, reducing their likelihood of large payouts—a significant factor in the insurance industry’s response to natural disasters. Immediately after such disasters, affected areas are frequently difficult or impossible to access, delaying response time to claims.

Insurance 87

Insurance Strategy Modeling Data-driven 87

Smart Data Collective

AUGUST 11, 2022

Insurance companies are using data analytics to improve their actuarial processes. Besides, the staff responsible for processing invoices may not be available if the invoice has reached the correct address. Drawing the customer’s attention to the terms of payment specified in the initial contract may elicit a swift response.

Data Analytics 118

Data Analytics Optimization Analytics Cost-Benefit 118

CIO Business Intelligence

JUNE 17, 2022

Typically, CIOs consider certifications as a means for training up IT staff on vital skills around key initiatives such as cybersecurity, data analytics, AI, or the cloud. If leveraged properly, certifications can also assist IT decision-makers in their key leadership responsibilities. Create a personal learning plan.

Insurance 113

Insurance IT Advertising Data Science 113

Smart Data Collective

NOVEMBER 12, 2021

Many institutions that lend capital to small businesses are relying more heavily on data analytics, AI and other data-driven technology than ever before. Big data has changed the way that many of these lenders handle the actuarial and loan processing. If you look around, though, AI is already present in some businesses and homes.

Data-driven 95

Data-driven IoT Big Data Internet of Things 95

Cloudera

MARCH 10, 2022

Once recognized, it’s important to realize that while none of us is personally responsible for that bias, we all have a personal role to play in overcoming it. Today I understand that it is a great responsibility to be a role model for other women, just as other women have been for me throughout my career.”. Sharing our stories

Big Data 113

Big Data Digital Transformation IT Modeling 113

CIO Business Intelligence

JANUARY 10, 2024

From IT’s point of view, there’s going to be a steep trajectory over the next few years, spearheaded by generative AI and machine learning, that will dramatically change how people live and work. Integrating gen AI is exciting, not just how it can support our clients, but also our internal teams to create efficiency.”

Machine Learning 52

Machine Learning Technology Insurance Management 52