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IBM and AWS Create a Path to Modernization Via Industry-Specific Solutions

CIO

A general modernization path brings the technical assets together whereas an industry-focused initiative is more of a problem-solving, solutions-oriented design,” says Praveena Varadarajan, modernization offering leader and strategist for IBM’s Hybrid Cloud Migration Group. Consider the critical area of security controls, for example.

AWS 172
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Automated Claims Processing: Using RPA and Machine Learning to Manage Insurance Claims

Altexsoft

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?

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Getting specific with GenAI: How to fine-tune large language models for highly specialized functions

CIO

The challenge, as many businesses are now learning the hard way, is that simply applying black box, off-the-shelf LLMs, like a GPT-4, for example, will not deliver the accuracy and consistency needed for professional-grade solutions. The key to this approach is developing a solid data foundation to support the GenAI model.

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How Financial Services and Insurance Streamline AI Initiatives with a Hybrid Data Platform

Cloudera

With AI, financial institutions and insurance companies now have the ability to automate or augment complex decision-making processes, deliver highly personalized client experiences, create individualized customer education materials, and match the appropriate financial and investment products to each customer’s needs.

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Cybersecurity Snapshot: NIST Program Assesses How AI Systems Will Behave in the Real World, While FBI Has Troves of Decryption Keys for LockBit Victims

Tenable

1 - NIST program will test safety, fairness of AI systems Will that artificial intelligence (AI) system now in development behave as intended once it’s released or will it go off the rails? goes beyond assessments of system performance and accuracy, and aims instead at measuring what NIST calls “technical and societal robustness.”

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Customer Loyalty In Insurance: Technologies and Strategies To Retain and Keep Customers Loyal

Altexsoft

Insurance companies find it difficult to attract new customers and retain them, especially when almost every insurer offers the same service or product. It’s also challenging since insurance is a low-touch industry, and insurers seldomly interact with their customers. The customer loyalty problem in insurance.

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4 Ways Custom Software Development Can Help Startups

Sunflower Lab

You also have the power to push the boundaries of your brand with the latest trend-setting technologies. That means, from your startup’s inception, this solution can offer exactly what you need to get your company off the ground. Ben Chestnut was just a guy running a design consulting business in the year 2000. The sky’s the limit!