insurance archivos

Application of Hyper-automation or Intelligent Automation in different business sectors

banking, energy, insurance, logistics & transportation, manufacturing, retailBy decide4AI 05/08/2022

As you already know, hyper-automation, digital process automation or intelligent process automation, is the discipline that combines different technologies with optimisation, prediction and automation capabilities based on AI, to facilitate the digitisation of business processes seeking maximum efficiency and profitability. Its technological ecosystem is formed by technologies that cover: end-to-end process orchestration through BPM (Business…

How to personalise customer communications in the insurance sector

business rules BRMS, digital decisioning, insuranceBy decide4AI 18/11/2021

Nowadays, it seems obvious that treating all customers equally in the insurance sector is a significant waste of opportunities. Why would I offer car insurance to a person who does not have a car? Does it make sense to send paper documents to 100% digital people? These kinds of mistakes mean costs for companies that…

Machine Learning in the insurance policy subscription process

business rules BRMS, insurance, predictive analytics & machine learningBy Patricia Pradas Astorga 14/08/2019

Let’s see why the use of Machine Learning in the insurance policy subscription process is a differentiating factor, and how it works. Policy subscription process: insurance underwriter Contracting a policy is a voluntary decision by a person to cover a certain risk. But the insurance company has the last word. If the…

Infographic: Digital Transformation in the Insurance Sector

infographics, insuranceBy Patricia Pradas Astorga 15/04/2019

According to the last study about digital transformation in the insurance sector: “A New World of Opportunity, the Insurance Innovation Imperative” by KPMG, 83% of insurance companies say that their business’ future success lies in innovation. The same study confirms that 74% of these companies claim to lack the skills needed to drive innovation. It…

How Different Sectors are Using Artificial Intelligence

banking, insurance, logistics & transportation, manufacturing, retailBy Patricia Pradas Astorga 29/10/2018

Implementing AI in companies Today, many companies are investing heavily in Artificial Intelligence and Big Data and believe that these technologies will help them with their digital transformation. By using data analysis and Artificial Intelligence capabilities, such as automatic learning or decision-making based on these data, companies in all sectors can optimize and automate their…

How does IoT help the insurance industry?

insurance, IT architectureBy Patricia Pradas Astorga 30/08/2018

Today, no one questions that ‘Internet of Things’ (IoT) is transforming the model of the relationship between consumers and providers. And there is no industry that is not affected. For example, IoT helps the insurance industry to improve their relationships with customers. In 2016, companies invested 700 billion dollars in IoT (hardware, software or services) worldwide.…

Challenge #DIC014-ENE015: Vehicle Insurance – UServ Product Derby

business rules BRMS, insurance, mathematical optimisationBy Manuel del Barrio de Pablos 28/01/2015

Description For the Challenge de Diciembre 2014 – Enero 2015 , Decision Management Community web proposes participate in the “UServ Product Derby”. Over 10 years ago BR vendors had a chance to demonstrate their product capabilities at Business Rules Forums, using the same use case known as “UServ Product Derby”. The majority of BR vendors openly competed…

Category Archives: insurance