Remove Artificial Intelligence Remove Insurance Remove Machine Learning Remove Systems Review
article thumbnail

Colorado AI legislation further complicates compliance equation

CIO

The bill defines consequential decision as being any decision “that has a material legal or similarly significant effect on the provision or denial to any consumer,” which includes educational enrollment, employment or employment opportunity, financial or lending service, healthcare services, housing, insurance, or a legal service.

article thumbnail

EvolutionIQ secures $21M to streamline insurance claims processing with AI

TechCrunch

Processing claims at scale presents a challenge for insurers, particularly where the claims entail factors like complex underlying health conditions. A growing cohort of startups including Alan, Tractable and Snapsheet offer tools to help customers navigate through the insurance claims process. ” Accelerating insurance claims.

Insurance 233
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Machine Learning is Used in Finance and Banking

Exadel

Sophisticated, intelligent security systems and streamlined customer services are keys to business success. The banking landscape is constantly changing, and the application of machine learning in banking is arguably still in its early stages. Machine Learning in Banking Statistics. New products and markets.

article thumbnail

How digital turned Nationale-Nederlanden into an omnichannel company

CIO

Dutch insurance and asset management company Nationale-Nederlanden, part of the NN Group, has a presence in 19 countries and serves several million retail and corporate customers. Digitization vs tradition Although the insurance sector has a traditional image, that stopped being the case years ago, says Vaquero.

Company 281
article thumbnail

Machine Learning: Unlocking the Next for Insurers

Coforge

* field--node--title--blog-post.html.twig x field--node--title.html.twig * field--node--blog-post.html.twig * field--title.html.twig * field--string.html.twig * field.html.twig --> Machine Learning: Unlocking the Next for Insurers. Machine learning will also transform the way insurance companies do business.

article thumbnail

Cybersecurity Snapshot: GenAI Drives Broader Use of Artificial Intelligence Tech for Cyber

Tenable

Check out how organizations’ enthusiasm over generative AI is fueling artificial intelligence adoption for cybersecurity. In addition, learn about a new set of best practices for protecting cloud backups. Plus, how CISA plans to revamp the U.S. government’s cyber incident response plan. Specifically, Corvus observed a 95.4%

article thumbnail

5 hot IT budget investments — and 2 going cold

CIO

CIOs anticipate an increased focus on cybersecurity (70%), data analysis (55%), data privacy (55%), AI/machine learning (55%), and customer experience (53%). This applies to his IT group as well, specifically, in using AI to automate the review of customer contracts, Nardecchia says.

Budget 363