What’s the Big Deal about Privacy?

With the rapid expansion of technology entering every field of business, manufacturers and service providers are being presented with previously unconsidered opportunities to reap value from the reuse and repurpose of data initially collected and harvested for other reasons. Learned intelligence through artificial intelligence (AI) systems provides value for the processor not previously realized or recognized in transactions. This is particularly true when considering how AI companies that work with insurers to optimize their claims processing are left with a valuable resource after the data collection is complete. This article addresses how the value of a neural network has been ignored and should be considered when an insurer considers outsourcing its claims processing.

please read the rest of the paper here

This is MUST read for all insurance companies and people who are contracting with insurtech vendors.

Published Media Links you can also read the paper on these sites:

jdsupra

medium

LinkedIn

Lexology

National Law Review

News Break

Wilson Elser

Posted in InsurTech blog on Jan 29, 2020