3 ways AI is transforming the insurance industry

AI researchers continue to develop larger and more complicated models that can tackle more complicated language-related tasks. In the past year, we've seen the release of state-of-the-art language models such as OpenAI's GPT-2 and Google's Meena. While we're still pretty far from developing AI that can truly understand human language, practical uses will emerge from continued advances in natural language processing. AI will do the legwork, gathering import data and highlighting trends in text data, making it easier and less costly for insurers to piece that information together and address their clients' needs.