Regex vs. AI for Commercial Insurance

For data-complex and risk-adverse industries like insurance, being able to access data locked away in file stores and data lakes is critical for effective decision making. Data collection and analysis is at the heart of insurance business processes. Real-time data extraction enables insurers to automate and standardize time-consuming labor-intensive processes. With insurers being under pressure to deliver a better customer experience, they are being forced to examine existing processes and adopt new methods of doing business. But given the plethora of technology available, it can be difficult to understand what it is and how to use it.