Prediction models and AI are not new to the insurance industry. It is important to remember that AI is making predictions based on historical patterns and is not deeply thinking and creating an understanding. With that in mind, here are four applications for AI in insurance.
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How Your Organization Can Benefit from Artificial Intelligence
Artificial intelligence sounds very futuristic. But the fact is that organizations, even those outside of the technology space, can benefit from the use of artificial intelligence (AI). Many organizations are already using AI to improve efficiency.