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.
In the ramp-up to utilizing artificial intelligence and machine learning, some make the mistake of assuming that all data is equal, and that all data is equally usable.
Venturing into artificial intelligence and machine learning means bringing in new skills and personnel, but ultimately it may be less costly than many large-scale technology projects.
Time is often a missing element in data sets. It's helpful to know a certain metric, but it's even more valuable to know how that's changed over time, and the direction of change.
Start with a small project and solid data. Learn and build from there.