ecodunarea

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Thanks to AI, Industry Will Soon See Big Jump in Parametric Insurance, Consultant Says

Harnessing the Power of AI: Revolutionizing Insurance Investing in the infrastructure required to manage large data sets, train AI models, and maintain a monitoring and governance framework to track performance over time is also critical. Traditionally, efforts to root out fraud have required considerable human inspection ChatGPT and analysis. Most insurance providers, however, do not have sufficient resources for such initiatives, given the relatively small size of the typical special investigations team. Consequently, although a good deal of fraud is