Almost Human Leader's Edge Magazine

As we age, we feel we've acquired wisdom from life's varied experiences. Machine learning is a form of artificial intelligence designed to recognize patterns that escape our attention. IBM Watson is assisting Swiss Re by enhancing understanding of potential loss exposures. Chubb 4D, a cognitive computing system, can discern possible fraudulent activities by third parties and identify factors affecting claims severity. Machine learning offers the means for insurance carriers and brokerages to augment the knowledge needed to make sharp underwriting, claims management, customer service and other profit-making decisions.