A panel of industry experts examine what the latest tech wave means for insurers and how they can keep pace with customers and competitors. This webinar was sponsored by LexisNexis Risk Solutions.
Machine learning is about taking vast amounts of data and making it actionable.
Machine learning can be as varied as the data itself, from text to image analytics to a widening array of sensor based data. The good news is that tools are advancing rapidly, and many are open sourced.
The speed of AI and its ability to retrieve information quickly means its a great tool in easing the path for prospective insureds.
Start with a small project and solid data. Learn and build from there.
Tools to work with big data are becoming more accessible, but users need to understand what they're doing. That's where learning and experience take analysis to the levels where discovery occurs.