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 property intelligence


Employing AI to enhance risk management decisions

#artificialintelligence

Historically, underwriters have struggled to keep up with the vast and rapidly changing data landscape when evaluating property risks. This has often resulted in missed critical data points and less-than-optimal underwriting decisions. But with today's advancements in Artificial Intelligence and Machine Learning technology, insurers can now harness a wide range of data sources and analyze them with objective insights and recommendations. The end result: improved risk management. In the Fall '22 Release, Majesco is introducing Property Intelligence, a cutting-edge AI solution that empowers insurance carriers to make informed decisions about property risks.


Is it Time to Hire New Data?

#artificialintelligence

Data has the ability to transform an insurance organization through meaningful insights. Sometimes these words, though, don't do justice to how much data can teach us and lead us toward greater profitability. Let's think of data in terms of "talent" for a moment. Imagine that you have been placed in charge of hiring someone who will lead your organization into the future with a whole new approach. Your supervisor gave you just one instruction.