Science, applied: 3 ways AI and ML are advancing the insurance industry

The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. This article was written by Kea Goins, a Marketing Coordinator at Valkyrie. From maximizing advertisement relevance to customizing user experience, the benefits of applied sciences and advanced data analytics have become more apparent as industries adopt data-driven approaches to create new competitive advantages. In this article, we focus on companies in the insurance industry that are implementing applications of data science to deliver efficient, risk-adjusted solutions by detecting fraudulent activity and providing a personalized customer experience. The best place to start is by looking at some of the technological trends being used by insurance companies today.