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 uk government back ai project


UK government backs AI projects for insurance industry - Reinsurance News

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The UK government has announced that it plans to invest in 40 artificial intelligence (AI) and data analytics projects to boost productivity and improve customer service in the UK insurance, accountancy, and legal services industries. The government has pledged £13 million to support these collaborative industry and research projects and develop the next generation of professional services. One of these projects, developed by Intelligent Voice Ltd, Strenuus Ltd. and the University of East London, will combine AI and voice recognition technology to detect and interpret emotion and linguistics to assess the credibility of insurance claims. Another project is an analysis tool that looks at images collected by drone to assess flood-damaged areas, using a 3D image recognition system to evaluate flood extent and depth alongside impacts on buildings and infrastructure to help with insurance claim assessments. Other examples include an online bot that uses AI to provide answers to online legal questions and software that analyses accounting data and suggests ways to cut expenditure.