Predictive modeling

DFV, which is a heavy user of AI in claims management, wants to double its customer base by 2019.

Applications include the faster delivery of claims payments, identifying fraud and leverging connected IoT data for improved actuarial models.

Organizations combining innovative talent, diverse data, and applied intelligence can use data-driven insights to improve customer experience, says Accenture's Debbie Polishook.

The company is developing an instant-issue platform that delivers life policies to customers without fluid testing.

Modeling and experimentation are common across the industry, but nothing replaces the value of real-world events, says IBHS president and CEO Julie Rochman.

Workers' comp insurer selects Valen Analytics' InsureRIght platform, gaining access to vendor's data consortium.

Another industry alliance is forged aimed at providing driver data to insurance companies.

Use cases range from risk modeling to fraud detection, says study.

Organizations will use ‘time series forecasting’ to predict, control and change future events and outcomes.