Artificial Intelligence Can Potentially Alter How We Do Business Insurance

| August 7, 2019

article image
It would seem that there isn’t a thing that artificial intelligence isn’t going to alter. After all, it’s touted to be the technological development of the decade. Soon we’ll have artificial intelligence in almost every tech that we currently make heavy use of, whether it’s in our smartphones, our cars, or even the appliances we have in our homes.

Spotlight

Health Net

Making health care work for you is who we are and what we do at Health Net. The “you” is everyone we interact with including our members, customers, providers, brokers, consultants, our community and each other.

OTHER ARTICLES

Top 3 Challenges to Data Science and Machine Learning Adoption in Insurance

Article | March 27, 2020

Hiring people with skills in machine learning is extremely difficult across industries due to a shortage of talent and skyrocketing demand. But the insurance industry is better positioned than most to overcome this challenge via upskilling. With tens (possibly hundreds) of statistics-minded actuaries already on staff, providing the right tools to nudge them into the world of data science is a small step. Upskilling business staff is also a great way to fill talent gaps, and in many ways, it’s necessary for insurance businesses that want to democratize data science.

Read More

5 Deep Learning Use Cases for the Insurance Industry

Article | March 27, 2020

In 2010, with the launch of the Image Net Competition, a vast dataset of about 14 million labeled images was made open-source to inspire the development of cutting-edge image classifiers. This was when Deep Learning technology got it’s a real breakthrough and since then there’s been no looking back for advancements in this field.

Read More

How Insurance Industry Can Better Leverage the Potentials of Big Data?

Article | March 27, 2020

The insurance sector has largely been driven by data to drive the dynamics of the industry for several years. However, advances in technology now have led to a broad range of solutions to assess large volumes of information for useful patterns. So, in order to succeed and remain competitive in the ever-changing field, insurers are turning to Big Data and analytics. The increasing use of these solutions delivers the capabilities to transform the industry by providing valuable insights into all facets of company operations and performance.

Read More

2020: Winning in the Digital Revolution of Insurance

Article | March 27, 2020

Technology, consumer demand, new competition, and changing market dynamics are revolutionizing the insurance industry. The increased pace of innovation and change has challenged traditional insurance practices and created a new age of insurance defined by greater connectivity and automation. Technology and innovation are creating unprecedented opportunity to generate greater operational efficiencies and more value for your business.

Read More

Spotlight

Health Net

Making health care work for you is who we are and what we do at Health Net. The “you” is everyone we interact with including our members, customers, providers, brokers, consultants, our community and each other.

Events