Insurance Machine Learning Off-The-Shelf Software Review 
Altexsoft
APRIL 13, 2021
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?
Cloudera
SEPTEMBER 7, 2023
With AI, financial institutions and insurance companies now have the ability to automate or augment complex decision-making processes, deliver highly personalized client experiences, create individualized customer education materials, and match the appropriate financial and investment products to each customer’s needs.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Altexsoft
SEPTEMBER 7, 2021
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.
Mobilunity
AUGUST 30, 2021
And one of the key changes introduced to address the growing problem was the development and usage of healthcare software. First of all, healthcare software is about the digitalization of all the systems, which means increasing portability, and improving the safety of patient data, and medical records.
Altexsoft
JUNE 25, 2022
percent in 2020 due to pandemic restrictions, in 2021, the industry saw a rise up to 6.1 Besides, due to the specific nature of the industry with high-value one-off payments, a big number of businesses across the world, and rapid customer consumption of services, the travel and hospitality sector is a huge target for fraud.
Altexsoft
FEBRUARY 22, 2022
And breakdowns are just too expensive, especially at a fleet-wide scale (not to mention risking drivers’ lives, losses due to unfulfilled contracts and related downtime, and customer dissatisfaction). Taking good care of your fleet assets pays off by prolonging their lifecycle, increasing efficiency, and reducing the probability of failures.
Altexsoft
JANUARY 28, 2021
They use machine learning under the hood, and these types of RPA systems still require individual research and development. This article is a good place to start, learning what Robotic Process Automation is, how it works, and where it can be applied. But if a task has a straightforward flow, why not automate it?
Expert insights. Personalized for you.
87 
Let's personalize your content