insurance


Keeping Your Job in the Age of Automation

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Summary: What are the real threats of job loss from real and AI enhanced virtual robots? How do we position ourselves and our children to succeed in this new environment?


Insurance Customers Need to Get Used to Talking to Machines

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Frustrated with automated answering machines before you finally get to speak with a customer service representative? When it comes to insurance, you'll just as likely end up dealing with a robot as a human within three years, according to a survey by Accenture Plc.


6 artificial intelligence startups in Africa to look out for [Digital All Stars] – Ventureburn

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Digital All Stars is a series of articles which aims to celebrate the best of South African digital. The articles, which will appear on Memeburn and Ventureburn, recognise and celebrate South Africa's best digital entrepreneurs, business people, advertisers, and media professionals among others.


Nvidia selects 5 most-disruptive AI startups

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Nvidia is on a quest to find the most disruptive artificial intelligence startups. This quest is part of a larger contest dubbed Nvidia Inception, which is screening more than 600 entrants to cull the best AI startups in three big categories.


The 'Internet of Health Things' To Be Worth $163 billion By 2020

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In comparison to the struggles the retail space has been having with the blurred lines between digital and physical, the healthcare sector appears to be the throes of a wide embrace of technologies that will alter the way doctors, pharmacies, insurers, and patients connect with each other.


Business and Technology News - ITP Report

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Insurance executives believe that artificial intelligence (AI) will significantly transform their industry in the next three years, with insurers investing in AI to empower agents, brokers and employees to enhance the customer experience with automated personalized services, faster claims handling and individual risk-based underwriting processes, according to Accenture's Technology Vision for Insurance 2017. According to the report, three-quarters (75 percent) of insurance executives believe that AI will either significantly alter or completely transform the overall insurance industry in the next three years. "The adoption of artificial intelligence is gaining momentum within insurance, with executives pointing to AI's potential to revolutionize the customer experience and empower agents, brokers and employees," said John Cusano, senior managing director and global head of the Accenture Insurance practice. According to the report, the rise of AI is creating new opportunities for insurance agents, brokers and employees to deliver a better customer experience, with the technology enhancing the way sales and services are executed, facilitating faster claims processing, and enabling more-accurate, individual risk-based underwriting processes.


Artificial Intelligence set to transform insurance industry, but integration challenges remain: Accenture

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Artificial intelligence (AI) will "significantly transform" the insurance industry in the next three years, with insurers investing in AI to empower agents, brokers and employees to enhance the customer experience with automated personalized services, faster claims handling and individual risk-based underwriting processes, according to a new report from Accenture.


Five areas of fintech that are attracting investment

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The world has been transformed in the year since the Financial Times launched its Future of Fintech awards. But while the Brexit vote in the UK and Donald Trump's election as US president have dominated the news, the world of financial technology has also gone through big changes.


Artificial Intelligence Verticals (I): Insurance – Cyber Tales – Medium

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In spite of those problems, in the last decade, we noticed a new trend emerging. Insurances, in the effort of trying to reduce moral hazard problems, they started offering premium discounts to their final customers in order to get extra information. This occurred either through a questionnaire (asking directly the customer for further data in exchange for a lower price) or indirectly through devices (healthy devices, black boxes, etc.). The real issue though has been the engagement side of this proposal, because of the opposite nature of information, rewards, and human nature. The rewards offered were indeed either temporary or provided only once and people got lazy very quickly, while the information stream needed to be constant.


Learning In A World Of Artificial Intelligence Eating Higher Skilled Jobs

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In today's world where companies are actively looking to use artificial intelligence to replace human intelligence (jobs) more and more, ensuring you stay as sharp as possible is more critical than it's ever been.