This is the fifth 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 ML and AI, mean for insurers and how they can keep pace with customers and competitors.
In the video below, Patrick Sugent, Vice President of Analytics, discusses how pre-filled data can make things easier for a consumer, especially when filing a claim with their insurance. The ability to pre-fill data – even for the other party in the event of an accident – can help insurers resolve claims faster and improve customer relationships.
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!