7 min read
How Do Machines Learn? Meta-learning As an Approach
In the previous two blogs in the series, we addressed what makes machine learning models trustworthy and how machine...
Insurance fraud is changing, with fraudsters adapting to more advanced detection systems. Medium and small value fraudulent claims are just as time-consuming to process as larger ones and add up to significant losses every year. Our platform uses natural language processing (NLP) with an advanced machine learning decision engine to ensure your organisation can process claims at speed, requesting your intervention only when strictly needed.
Read about our work in Fraud Detection.
Our AI platform can help you better understand your customers, providing you with more informed and accurate pricing decisions. Our methods replace established but dated algorithms to provide more accurate risk estimates while retaining the level of transparency and interpretability necessary to meet regulatory requirements.
Read our case study on Enhanced Pricing.
Wide-scale adoption of telematics is on the rise and AI is making them more valuable than ever. Combining AI with the data produced from telematics allows for real-time crash detection alerts that help insurers dispatch emergency services when every second matters.
Telemetry data can also reveal patterns in driving behaviour that can help insurers improve their risk and price modelling and incentivize drivers to make the roads safer for everyone.
Read our case study on Driving Behaviour Classification.
Our collaboration demonstrated the quality and power of the Mind Foundry Platform and its world-class talents who enhanced our machine learning capabilities. Now we are embarking on an ambitious project to transform our entire insurance operation on a global scale to lead the rapidly evolving mobility insurance sector by joining forces with Mind Foundry.”
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Collaboration is vital for ensuring a successful AI integration within your organization, especially in a highly competitive and constantly evolving market like insurance.
We are here to help you along your digital transformation journey with a powerful AI Platform, custom AI solutions, and instructor-guided access to an educational curriculum that will prepare your entire team for transformation.
