Denys Harnat
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Short Bio:
Denys is a market analyst and tech writer at AltexSoft.
Job Title:
Market Analyst
Job Function:
Data Science, Machine Learning
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Denys Harnat's Blog

AI in Insurance: Business Process Automation Brings Digital Insurer Performance to a New Level

Posted on August 28, 2018 at 3:35am 0 Comments

The insurance industry – one of the least digitalized – is not surprisingly one of the most ineffective segments of the financial services industry. Internal business processes are often duplicated, bureaucratized, and time-consuming. As the ubiquity of machine learning and artificial intelligence systems increases, they have the potential to automate operations in insurance companies thereby cutting costs and increasing productivity. However, organizations have plenty of reasons to resist…


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