Examining the efficacy of ML and AI models in insurance
Insurance Innovators: A Revolution in Pricing, Product and Profitability
While COVID hugely disrupted the insurance industry, its effects are largely representative of slower, subtler shifts insurers must respond to—such as more demands for personalization or work from home realities.
Machine learning-powered analytics models are allowing businesses to anticipate market trends and create personalized, dynamically priced offerings.
But are these solutions profitable?
Read on to discover what insurance experts think about advanced analytics and machine learning in the industry and learn how these solutions might impact your bottom line.