How is machine learning transforming insurance?

Machine learning transforming insurance
Source: https://www.accenture.com/_acnmedia/pdf-84/accenture-machine-leaning-insurance.pdf
  1. Automation and process improvement
  1. Tools and sophisticated rating algorithms
  1. Improved underwriting capabilities
  1. Better customer lifetime value (CLV) predictions
  1. Personalisation in product and service marketing
  1. Improved accuracy in fraud detection and prevention
Source: https://www.accenture.com/_acnmedia/pdf-84/accenture-machine-leaning-insurance.pdf
  1. https://www.accenture.com/_acnmedia/pdf-84/accenture-machine-leaning-insurance.pdf
  2. https://www.netguru.com/blog/machine-learning-insurance-insurtech-fintech-underwriting

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