Solving common insurance issues such as customer churn and managing risk through the application of AI, can provide more accurate and predictive outcomes.Insurance has long been a sector which has appreciated the value of its data. No wonder, since in comparison to...
Increasingly artificial intelligence and deep learning are hitting the headlines. Recently it was reported that IBM has created a secret algorithm that develops scents.The perfume industry famed for its highly paid human ‘noses’ is about to be disrupted as the...
According to a new market report available on MMRSE The Global Data Monetisation market is set to grow by over 21 percent over the next 7 years, reaching an estimated value of $709bn by 2025. Data monetization is the process of transforming the large unstructured...
Research from the University of Nottingham has revealed that insurance policies are too complex for 80 per cent of customers to understand. Consumers were given a number of insurance policies to read, and then took comprehension and eye tracking tests to see how well...
When you think about the sectors that consumers are most fond of, utilities languish somewhere near the bottom of the list. It is unsurprising, therefore, that it has long been vaunted that consumers are just not interested in having a relationship with their utility...
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