Remove Insurance Remove Risk Management Remove Unstructured Data
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Are enterprises ready to adopt AI at scale?

CIO Business Intelligence

Whether it’s a financial services firm looking to build a personalized virtual assistant or an insurance company in need of ML models capable of identifying potential fraud, artificial intelligence (AI) is primed to transform nearly every industry.

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Commercial Lines Insurance- the End of the Line for All Data

Cloudera

I’ve had the pleasure to participate in a few Commercial Lines insurance industry events recently and as a prior Commercial Lines insurer myself, I am thrilled with the progress the industry is making using data and analytics. Another historic example is crop and livestock insurance in Germany in the 1700s.

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Back to the Financial Regulatory Future

Cloudera

While there are clear reasons SVB collapsed, which can be reviewed here , my purpose in this post isn’t to rehash the past but to present some of the regulatory and compliance challenges financial (and to some degree insurance) institutions face and how data plays a role in mitigating and managing risk.

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Examples of IBM assisting insurance companies in implementing generative AI-based solutions  

IBM Big Data Hub

IBM can help insurance companies insert generative AI into their business processes IBM is one of a few companies globally that can bring together the range of capabilities needed to completely transform the way insurance is marketed, sold, underwritten, serviced and paid for.

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What Are the Industries That Benefit Most from Big Data?

Smart Data Collective

Also, thanks to Big Data, recruitment is now more accurate. Keep in mind that recruitment agencies have to deal with huge volumes of unstructured data, and analyzing all this data by traditional means is not only slow, but also ineffective. Public services.

Big Data 106
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State of the CIO, 2023: Building business strategy

CIO Business Intelligence

At The Hartford Insurance Co., Cloud deployment, AI, analytics, a modern data ecosystem, and digitization of more business processes are at the top of the agenda to simplify interactions for customers, brokers, and agents and to bring the power of digital tools to employees. Deepa Soni, CIO, The Hartford Insurance Co.

Strategy 109
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Why AI is the Driving Force Behind Financial Sector’s Intelligent Makeover

bridgei2i

Wealth Management for Clients. Most enterprises and heavyweight financial companies are acquiring start-ups with the motive to analyze the massive amounts of unstructured data automatically. The banking sector that makes the most use of AI is wealth management. Financial Advisory Services.