Physicians Insurance adopts machine learning in claims management
Physicians Insurance | November 13, 2018
Physicians Insurance has partnered with actuarial firm Milliman to apply machine learning to claims-management strategies. The insurer has selected Milliman Datalytics-Defense as its analytics legal-management platform for processing defense-cost invoices. Milliman Datalytics-Defense uses data-mining algorithms and machine learning to help insurers and self-insureds detect patterns in attorney billing practices. Detecting those patterns can help insurers better understand costs and defense strategies.