How AI Technology Can Help Insurers Enhance the Customer Experience?
How insurance companies can enhance the overall customer experience, streamline processes, and better assess risk with AI tools and machine learning?
Machine learning (ML) is a type of artificial intelligence (AI) that allows software applications to become more accurate at predicting outcomes without being explicitly programmed to do so. Machine learning algorithms use historical data as input to predict new output values.
Machine learning is a modern innovation that has enhanced many industrial and professional processes as well as our daily lives. It’s a subset of AI, which focuses on using statistical techniques to build intelligent computer systems to learn from available databases. There are three machine learning types: supervised, unsupervised, and reinforcement learning.