AI OFFERS INSURERS A BIG STEP UP IN UNDERWRITING PERFORMANCE

JOHN CUSANO | June 13, 2018

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There’s been plenty of discussion in all sorts of forums about how artificial intelligence (AI) could undermine jobs in many big industries. AI can certainly improve efficiency and productivity. The big benefit of this technology, however, is its ability to enhance the performance of workers. AI has huge potential to assist workers in all facets of the insurance industry. Underwriting, especially, offers great opportunities for workers and intelligent machines to collaborate.  As I mentioned in my previous blog post, underwriters are having to contend with a multitude of new risks. Many of them are highly complex and unfamiliar. What’s more, they must also manage an abundance of new data sources.

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Ontario Mutuals

Here's the difference between Ontario Mutuals and the large multi-national companies. Ontario Mutuals operate on a member value basis. That means we pour our resources into service and long term value for the policyholder - not returns for shareholders. As a policyholder, you have voting rights within the company on important decisions that will direct the successful operation of the company.

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Spotlight

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Here's the difference between Ontario Mutuals and the large multi-national companies. Ontario Mutuals operate on a member value basis. That means we pour our resources into service and long term value for the policyholder - not returns for shareholders. As a policyholder, you have voting rights within the company on important decisions that will direct the successful operation of the company.

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