How Insurance Companies are Using Artificial Intelligence to Transform an Industry

| January 28, 2020

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Insurance companies are trying very hard to shake the stigma that they are behind the times, and with good reason. The popular consensus among consumers is that dealing with an insurance provider is like getting a root canal without anesthesia. Ouch. To be fair, the process is typically complex and tedious. It’s no wonder research says insurance companies lag behind other industries in the realm of digital transformation. Even as outdated methods are phased out in favor of faster, sleeker digital tools, the insurance industry has a long way to go to catch up to the seamless experience consumers now demand.

Spotlight

Flyreel

Flyreel offers insurance-specific AI for commercial and residential property insurance carriers. By putting the power of AI in the hands of both customers and insurers, Flyreel automates inspections while improving risk management outcomes and claims experiences. Flyreel’s proprietary computer vision and machine learning technology empowers carriers to make smarter, data-based underwriting and risk management decisions, and even proactively prevent losses.

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Spotlight

Flyreel

Flyreel offers insurance-specific AI for commercial and residential property insurance carriers. By putting the power of AI in the hands of both customers and insurers, Flyreel automates inspections while improving risk management outcomes and claims experiences. Flyreel’s proprietary computer vision and machine learning technology empowers carriers to make smarter, data-based underwriting and risk management decisions, and even proactively prevent losses.

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