Sundar Pichai- CEO of Google
"AI is more profound than, I don't know, electricity or fire"
Machine learning helps minimize claims leakage and pay the right amount every time
Claims leakage forensics can be automated with machine learning and applied much earlier in the claims processing lifecycle to optimize payouts.
POINT OF VIEW
Apply Robotic & Cognitive Automation techniques across core insurance processes to reduce cycle times by ~80%.
RPA (Robotic Process Automation) and Artificial Intelligence have emerged as a high degree of decision making.