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.
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.
Start with a small project and solid data. Learn and build from there.
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.
Estimates of the transformative power of artificial intelligence and machine learning are running high, likely higher than most organizations' ability to harness the technologies.