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Allstate’s cloud-first approach to digital transformation pays off

CIO

But home and automobile insurance company Allstate is taking a different approach. based insurer has rebuilt its core application for claims processing, sales, and support, and plans to overhaul its entire portfolio of business processes, all with the aim to enhance and accelerate the customer experience.

Cloud 340
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MLOps: Methods and Tools of DevOps for Machine Learning

Altexsoft

When speaking of machine learning, we typically discuss data preparation or model building. The fusion of terms “machine learning” and “operations”, MLOps is a set of methods to automate the lifecycle of machine learning algorithms in production — from initial model training to deployment to retraining against new data.

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Automated Claims Processing: Using RPA and Machine Learning to Manage Insurance Claims

Altexsoft

The insurance industry is notoriously bad at customer experience. In the last few years, Chinese tech giants have been making massive strides at becoming the center of insurance innovation. To compete, insurance companies revolutionize the industry using AI, IoT, and big data. Not in China though. Why automate claims?

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American Honda IT to fuel innovation with generative AI

CIO

Generative AI takes a front seat As for that AI strategy, American Honda’s deep experience with machine learning positions it well to capitalize on the next wave: generative AI. Training of its workforce is the other major determinant of how successful American Honda’s generative AI program will be, Brizendine adds.

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China’s work automation startup Laiye raises $160M, acquires France’s Mindsay

TechCrunch

Much of the top developer talent in China has gotten just as expensive as their counterparts in Western countries, observed Wang, who holds a PhD in machine learning from Princeton. Acquiring Mindsay naturally allows Laiye to leapfrog the development challenges of training algorithms for a new language.

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Customer Loyalty In Insurance: Technologies and Strategies To Retain and Keep Customers Loyal

Altexsoft

Insurance companies find it difficult to attract new customers and retain them, especially when almost every insurer offers the same service or product. It’s also challenging since insurance is a low-touch industry, and insurers seldomly interact with their customers. The customer loyalty problem in insurance.

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Cybersecurity Snapshot: NIST Unpacks Cyberattacks Against AI Systems, as FBI Strikes ALPHV/Blackcat Ransomware Gang

Tenable

National Institute of Standards and Technology (NIST) “ Adversarial Machine Learning: A Taxonomy and Terminology of Attacks and Mitigations (NIST.AI.100-2).” million, driven primarily by higher insurance premiums, operational downtime, and recovery and response. If anyone says differently, they are selling snake oil,” he added.