Avoiding the Black Box: How to Apply Machine Learning to Actuarial Pricing
Applying machine learning to pricing and actuarial workflows is becoming easier due to advances in technology and increasingly accessible platforms. These complex ...
machine learning News
Amazon and Netflix: Role Models for Insurers? Really?
Technology is a useful servant but a dangerous master. —Christian Lous Lange It is far too easy for people, including those who should know better—such as insurance industry professionals, ...
How Insurers Can ‘Leapfrog the Competition’ With the Use of AI and Machine Learning
The use of artificial intelligence technology is accelerating in the insurance industry both on the claims and underwriting fronts, according to Stan Smith, founder and CEO of GradientAI, and ...
Your Tech Stack’s Missing Piece: Intelligent Decisioning
The insurance industry has faced a multitude of changes in the last few years, including a fast-changing workforce landscape because of trends like The Great Resignation that result in high turnover ...
AI Can Detect Workers’ Psychological Stress: Research
Depression is a worldwide problem, with serious consequences for individual health and the economy, and rapid and effective screening tools are thus urgently needed to counteract its increasing ...
Car Insurance Comparison Site Jerry Raises $28M
Jerry- a car insurance comparison site centered around AI and machine learning – has raised $28 million in new financing. The Palo Alto, Calif.-based startup, which operates as a licensed insurance ...
Tractable’s AI-Focused Disaster Recovery Tech Has Global Possibilities: CEO Dalyac
Now that Tractable has nailed down $25 million in new venture financing, founder and CEO Alex Dalyac's growth plans are kicking in. The InsurTech startup, launched in 2014, develops artificial ...
Slice Labs Rolls Out Four AI, Machine Learning-Focused Risk Reduction Services
Slice Labs said it has started marketing four new services centered around artificial intelligence and machine learning that are designed to more proactively and intelligently protect carriers, ...
Machine Learning Today and Tomorrow
It is difficult to open an insurance industry newsletter these days without seeing some reference to machine learning or its cousin artificial intelligence and how they will revolutionize the ...