Altexsoft

SEPTEMBER 27, 2020

Have you ever tried to check your insurance claim status? While some insurance carriers have made significant modifications courtesy of disruptive digitalization (we’ve already discussed this topic in our whitepaper), most companies trail behind. As a result, the large industry – which in the US accounts for $1.3

Insurance 130

Insurance Machine Learning Artificial Inteligence Blockchain 130

CIO

DECEMBER 26, 2024

Among the recent trends impacting IT are the heavy shift into the cloud, the emergence of hybrid work, increased reliance on mobility, growing use of artificial intelligence, and ongoing efforts to build digital businesses. IT consultants work environmenttypically depends on the clients they serve, according to Indeed.

Fractional CTO 187

Fractional CTO Technical Review Technical Advisors How To 187

CIO

MARCH 11, 2025

Does [it] have in place thecompliance review and monitoring structure to initially evaluate the risks of the specific agentic AI; monitor and correct where issues arise; measure success; remain up to date on applicable law and regulation? Feaver says.

How To 191

How To Systems Review Technical Review Software Review 191

AWS Machine Learning - AI

APRIL 1, 2025

AI agents extend large language models (LLMs) by interacting with external systems, executing complex workflows, and maintaining contextual awareness across operations. Whether youre connecting to external systems or internal data stores or tools, you can now use MCP to interface with all of them in the same way.

Generative AI 134

Generative AI AWS Artificial Inteligence Software Review 134

CIO

MAY 10, 2024

The bill defines consequential decision as being any decision “that has a material legal or similarly significant effect on the provision or denial to any consumer,” which includes educational enrollment, employment or employment opportunity, financial or lending service, healthcare services, housing, insurance, or a legal service.

Artificial Inteligence 158

Artificial Inteligence Compliance Technical Review Artificial Intelligence 158

Exadel

JULY 6, 2022

Sophisticated, intelligent security systems and streamlined customer services are keys to business success. The banking landscape is constantly changing, and the application of machine learning in banking is arguably still in its early stages. Machine Learning in Banking Statistics. New products and markets.

Artificial Inteligence 140

Artificial Inteligence Machine Learning Banking Fintech 140

AWS Machine Learning - AI

NOVEMBER 15, 2024

Amazon Q Business is a generative AI-powered assistant that can answer questions, provide summaries, generate content, and securely complete tasks based on data and information in your enterprise systems. This allowed fine-tuned management of user access to content and systems.

Generative AI 114

Generative AI AWS Groups Artificial Inteligence 114

TechCrunch

MARCH 1, 2023

investment giant Carlyle Group , French corporate and investment bank Natixis , Japanese multinational insurance holding company Tokio Marine , and U.K.-based Companies can access Sesamm’s flagship product, TextReveal , via several conduits, including an API that brings Sesamm’s NLP engine into their own systems.

Systems Review 230

Systems Review Technical Review ChatGPT Artificial Inteligence 230

CIO

OCTOBER 3, 2024

Rather than pull away from big iron in the AI era, Big Blue is leaning into it, with plans in 2025 to release its next-generation Z mainframe , with a Telum II processor and Spyre AI Accelerator Card, positioned to run large language models (LLMs) and machine learning models for fraud detection and other use cases.

Artificial Inteligence 210

Artificial Inteligence Generative AI Machine Learning Enterprise 210

CIO

DECEMBER 27, 2023

Highly regulated, customer-centric, and dependent on layers of human involvement and manual processes, financial services are ripe for automation through artificial intelligence (AI). Generative AI is starting off a new age of exploration in IT,” says Frank Schmidt, CTO at insurance firm Gen Re.

Artificial Inteligence 212

Artificial Inteligence Generative AI Technical Review Artificial Intelligence 212

CIO

DECEMBER 1, 2023

Given LexisNexis’ core business, gathering and providing information and analytics to legal, insurance, and financial firms, as well as government and law enforcement agencies, the threat of generative AI is real. We will pick the optimal LLM. We’ll take the optimal model to answer the question that the customer asks.”

Generative AI 193

Generative AI Artificial Inteligence ChatGPT Azure 193

Altexsoft

JULY 23, 2020

When speaking of machine learning, we typically discuss data preparation or model building. The fusion of terms “machine learning” and “operations”, MLOps is a set of methods to automate the lifecycle of machine learning algorithms in production — from initial model training to deployment to retraining against new data.

Artificial Inteligence 145

Artificial Inteligence Machine Learning DevOps Tools 145

AWS Machine Learning - AI

MARCH 20, 2025

Traditionally, transforming raw data into actionable intelligence has demanded significant engineering effort. It often requires managing multiple machine learning (ML) models, designing complex workflows, and integrating diverse data sources into production-ready formats.

Data 107

Data Generative AI Artificial Inteligence Compliance 107

TechCrunch

MARCH 15, 2021

I describe its system as ‘knowledge process automation’ (KPA). The company itself defines this as a system that “mines unstructured data, operationalizes AI-powered insights, and automates results into real-time action for the enterprise.” argues that what it does is different. offers three core tools.

Artificial Inteligence 240

Artificial Inteligence Insurance Machine Learning Systems Review 240

CIO

APRIL 15, 2022

And 20% of IT leaders say machine learning/artificial intelligence will drive the most IT investment. Insights gained from analytics and actions driven by machine learning algorithms can give organizations a competitive advantage, but mistakes can be costly in terms of reputation, revenue, or even lives.

Analytics 218

Analytics Artificial Inteligence Machine Learning Systems Review 218

AWS Machine Learning - AI

MAY 9, 2024

Verisk (Nasdaq: VRSK) is a leading data analytics and technology partner for the global insurance industry. Verisk is using generative artificial intelligence (AI) to enhance operational efficiencies and profitability for insurance clients while adhering to its ethical AI principles.

Generative AI 129

Generative AI Artificial Inteligence Technical Review Development Team Review 129

Altexsoft

APRIL 13, 2021

The insurance industry is notoriously bad at customer experience. In the last few years, Chinese tech giants have been making massive strides at becoming the center of insurance innovation. To compete, insurance companies revolutionize the industry using AI, IoT, and big data. Not in China though. Why automate claims?

Machine Learning 87

Machine Learning Artificial Inteligence Insurance Technical Review 87

CIO

SEPTEMBER 1, 2024

While Artificial Intelligence has evolved in hyper speed –from a simple algorithm to a sophisticated system, deepfakes have emerged as one its more chaotic offerings. It needs systems of governance and monitoring to keep up the same slick pace as technology. There was a time we lived by the adage – seeing is believing.

Technical Review 183

Technical Review Artificial Inteligence Artificial Intelligence Government 183

TechCrunch

JUNE 3, 2021

Augmize – Augmize builds risk models for property and casualty insurers using interpretable machine learning. Circuit Mind Limited – Circuit Mind is building intelligent software that fully automates the design of electronic circuit systems.

Technical Review 269

Technical Review Artificial Inteligence Fashion Systems Review 269

DataRobot

JULY 21, 2022

Download the Machine Learning Project Checklist. Planning Machine Learning Projects. Machine learning and AI empower organizations to analyze data, discover insights, and drive decision making from troves of data. More organizations are investing in machine learning than ever before.

Machine Learning 98

Machine Learning Artificial Inteligence Development Team Review Software Review 98

AWS Machine Learning - AI

MARCH 11, 2025

DeepSeek-R1 is a large language model (LLM) developed by DeepSeek AI that uses reinforcement learning to enhance reasoning capabilities through a multi-stage training process from a DeepSeek-V3-Base foundation. We demonstrate how to deploy these models on SageMaker AI inference endpoints.

Artificial Inteligence 71

Artificial Inteligence AWS Generative AI Metrics 71

AWS Machine Learning - AI

MAY 30, 2024

Vitech helps group insurance, pension fund administration, and investment clients expand their offerings and capabilities, streamline their operations, and gain analytical insights. Hosting large language models Vitech explored the option of hosting Large Language Models (LLMs) models using Amazon Sagemaker.

Artificial Inteligence 124

Artificial Inteligence Technical Review Development Team Review Software Review 124

TechCrunch

NOVEMBER 9, 2020

A number of healthcare disparities exist for Black people in America, but they can oftentimes go unaddressed due to the lack of education and understanding among medical professionals. For those without insurance, they pay a one-time $99 fee on their first visit. Image Credits: Spora Health. Spora Health costs $9.99

Technical Review 257

Technical Review Network Healthcare Systems Review 257

AWS Machine Learning - AI

MARCH 3, 2025

Amazon Bedrock Marketplace is a new capability in Amazon Bedrock that enables developers to discover, test, and use over 100 popular, emerging, and specialized foundation models (FMs) alongside the current selection of industry-leading models in Amazon Bedrock. Choose Deploy to begin using the model.

Insurance 90

Insurance AWS eCommerce Software Review 90

AWS Machine Learning - AI

AUGUST 22, 2024

Verisk (Nasdaq: VRSK) is a leading strategic data analytics and technology partner to the global insurance industry. Verisk’s Discovery Navigator product is a leading medical record review platform designed for property and casualty claims professionals, with applications to any industry that manages large volumes of medical records.

Generative AI 105

Generative AI Technical Review Software Review Systems Review 105

AWS Machine Learning - AI

JANUARY 29, 2025

It encompasses a range of measures aimed at mitigating risks, promoting accountability, and aligning generative AI systems with ethical principles and organizational objectives. Three common operating model patterns are decentralized, centralized, and federated, as shown in the following diagram. These safeguards are FM agnostic.

Generative AI 81

Generative AI Organization Enterprise Artificial Inteligence 81

CIO

OCTOBER 18, 2023

Dutch insurance and asset management company Nationale-Nederlanden, part of the NN Group, has a presence in 19 countries and serves several million retail and corporate customers. Digitization vs tradition Although the insurance sector has a traditional image, that stopped being the case years ago, says Vaquero.

Company 192

Company Artificial Inteligence Insurance Technical Review 192

AWS Machine Learning - AI

JULY 29, 2024

In Part 3 , we demonstrate how business analysts and citizen data scientists can create machine learning (ML) models, without code, in Amazon SageMaker Canvas and deploy trained models for integration with Salesforce Einstein Studio to create powerful business applications.

Generative AI 115

Generative AI Artificial Inteligence Applications AWS 115

TechCrunch

OCTOBER 26, 2022

LatticeFlow , a startup that was spun out of Zurich’s ETH in 2020, helps machine learning teams improve their AI vision models by automatically diagnosing issues and improving both the data and the models themselves. to help build trustworthy AI systems. ” ETH spin-off LatticeFlow raises $2.8M

CTO Coach 246

CTO Coach Machine Learning Artificial Inteligence Training 246

Altexsoft

SEPTEMBER 17, 2019

Or spend weeks, being suffocated by the bureaucracy of your insurance company just to get a refund after a minor car accident. Artificial Intelligence – is it simply a trendy word to put on your landing page or an innovation-ready use case? Just 30 years ago, you would have to wait days for a bank to approve your credit.

Artificial Inteligence 15

Artificial Inteligence Machine Learning Insurance Banking 15

Mobilunity

DECEMBER 24, 2024

PRO TIP Insurers must act now: getting tech capabilities to the needed state will take years, and the industry is approaching a tipping point in which structures will shift very quickly. We’ve reviewed reports from McKinsey and Deloitte to explore how companies start driving growth through insurance modernization.

Insurance 89

Insurance Technical Review Trends Industry 89

TechCrunch

MARCH 1, 2022

Last year, he said, some 600,000 people filed for bankruptcy protection due to healthcare issues — meaning, they were being crippled by the costs and managing them. “And many of these, 63%, had insurance,” he noted.

Healthcare 224

Healthcare Engineering Insurance Technical Review 224

CIO

FEBRUARY 13, 2023

CIOs anticipate an increased focus on cybersecurity (70%), data analysis (55%), data privacy (55%), AI/machine learning (55%), and customer experience (53%). This applies to his IT group as well, specifically, in using AI to automate the review of customer contracts, Nardecchia says.

Budget 218

Budget Artificial Inteligence Technical Review VR 218

Cloudera

FEBRUARY 18, 2021

We’ve written about the changes forced on the traditionally risk-averse insurance industry by COVID-19. In 2021, with the crisis hopefully fading, insurance will have time to evaluate the changes made in 2020, assessing what worked and what didn’t, and planning a new way forward rather than reacting in real time. .

Insurance 105

Insurance Trends Data Artificial Inteligence 105

CIO

AUGUST 8, 2024

It’s an easy thing for an LLM to do,” he says. “We DoIT also optimizes its LLM interactions to control the number of tokens. And, like DoIT, Marriott Homes and Villas found that a controlled LLM query, embedded into the application, worked better than an open-ended chatbot. “We The customers didn’t respond to it,” he says. “It

Artificial Inteligence 210

Artificial Inteligence How To Generative AI Weak Development Team 210

CIO

DECEMBER 10, 2024

That represents a massive potential for outsized growth, but in order to unlock it, private equity firms must be prepared to overhaul legacy systems by opting for operational and digital value including new and varied execution levers to yield quicker turnaround.

Technical Review 145

Technical Review Development Team Review Systems Review Data 145

AWS Machine Learning - AI

FEBRUARY 8, 2024

This post highlights how you can use Agents and Knowledge Bases for Amazon Bedrock to build on existing enterprise resources to automate the tasks associated with the insurance claim lifecycle, efficiently scale and improve customer service, and enhance decision support through improved knowledge management. Which claims have open status?

Knowledge Base 137

Knowledge Base Insurance Lambda AWS 137