Insurance AI Engineering Resources
CB Insights: Game Changers 2022
CognitiveScale is featured in a CB Insights report on "Game Changers 2022." We are listed as one of the nine technologies that could change the world. In addition, we are listed as one of the top three AI auditors that are helping create safer, more accurate AI models. . . .
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Profile-of-One
Profile of One is part of the Cortex AI engineering multi-modal, multi-persona platform that enables organizations to develop enterprise AI applications with observability and operationalization across the full life-cycle. . . .
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AI-Powered Personalization Drives Improved Customer Engagement
According to McKinsey research, shoppers have a strong point of view on personalization. 72% said they expect the businesses they buy from to recognize them as individuals and know their interests. Furthermore, over 76% of consumers said that receiving personalized communications was a key factor in prompting their consideration of a brand, and 78% said such content made them more likely to repurchase. Personalization is especially effective at driving repeat engagement and loyalty over time. . . .
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Enhance Customer Data Initiatives with AI-Powered Personalization
Most organizations are looking to leverage their customer data and the insights generated from it in order to improve customer experience and drive value. Customer Data Platforms (CDPs) can be a key component of these initiatives, enabling clients to aggregate client data and make it available to solutions that generate client insights. . . .
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AI-powered Personalization Across the Customer Journey
Leveraging Artificial Intelligence (AI) will improve the customer journey across the enterprise, from personalized shopping experiences and customer acquisition use cases to contextualized customer engagement and customer service. . . .
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AI Engineering and the Cortex AI Platform Drive Improved Speed-to-Value
Our client is one of the largest health insurance companies in the country with over 40 million members across numerous states and lines of business both commercial and government health plans. . . .
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Underwriting Fraud in Insurance: Why Hasn't the Problem Been Solved?
Soft fraud costs the insurance industry billions of dollars annually, specifically in premium ?leakage,? a problem that results in artificially low premiums and unnecessary or over-inflated claim payouts . . .
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Managing Premium Leakage and Underwriting Fraud In P&C Insurance
The problem of premium leakage is widespread in the P&C insurance industry. Verisk Analytics estimates that personal lines automobile insurers incur $29 billion in annual losses due to premium leakage . . .
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Preparing for Long Term Impacts of the COVID-19 Pandemic: How Insurers Should Leverage AI
The COVID-19 pandemic has brought the global economy to a screeching halt; wide swaths of the economy have already started feeling the pain, including airlines, commodities and even banks. Insurers are facing the double-edged sword of decreasing market demand on one hand and increased market volatility on the other . . .
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"We've only got ten years—what will you do?": CogX 2019 Reflections
the demands of the fast-paced, innovative society we live in today: storage of data, scalable computing, and high speed mobile connectivity. There is this “cloud” that is empowering businesses and personal lives, but how do we regulate the risks? . . .
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Getting Real with AI in Insurance
The last several years have shown us that we are in the midst of an artificial intelligence (AI) revolution that will likely transform almost every aspect of our lives over the coming months, years and decades. In few areas has this become more apparent than in the property & casualty (P&C) insurance industry . . .
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Straight Talk on AI & Big Data: What is Real and What is Marketing Hype?
Artificial Intelligence (AI) is rapidly moving from a mesmeric technology to a powerful teammate and a foundation for consumer and business decision making. However, AI is a young field full of amazing potential. It’s mystery and lack of underst . . .
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