This is the fourth in a series of vlogs sharing insights from the webinar How Insurers Are Transforming Their Business Through Data, Machine Learning (ML) and Artificial Intelligence (AI).
Recently, industry experts from LexisNexis Risk Solutions joined A.M. Best for an informative webinar to examine what new technologies, such as machine learning and artificial intelligence, means for insurers and how they can keep pace with customers and competitors.
In the video below, Paulette Rice, Senior Director of Analytics, gives advice to organizations who may be looking to reap the benefits of an AI/ML program, but don’t know where to begin. She cautions companies to “start small,” even if they believe they are ready to dive right in.
Coming soon! State of Artificial Intelligence and Machine Learning in Insurance Study
LexisNexis Risk Solutions recently commissioned a national study to help us understand the attitudes, usage, benefits and challenges associated with AI and ML in the insurance industry. The research included over 300 insurance professionals from the top 100 carriers in the auto, home, life and commercial markets. Sign up here to receive the final study!