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How generative AI delivers value to insurance companies and their customers

IBM Big Data Hub

Insurers struggle to manage profitability while trying to grow their businesses and retain clients. Large, well-established insurance companies have a reputation of being very conservative in their decision making, and they have been slow to adopt new technologies.

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Examples of IBM assisting insurance companies in implementing generative AI-based solutions  

IBM Big Data Hub

IBM can help insurance companies insert generative AI into their business processes IBM is one of a few companies globally that can bring together the range of capabilities needed to completely transform the way insurance is marketed, sold, underwritten, serviced and paid for.

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Financial Supervision in a Digital World

Thales Cloud Protection & Licensing

Although a bank is still a bank, there are far more financial institutions needing to be supervised these days, from fintech organisations that offer payment services and trust fund management, to insurers that have changed their scope, to clearing houses and more. Who needs access rights? Do they still work in the same position?

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How IBM and AWS are partnering to deliver the promise of AI for business

IBM Big Data Hub

Adopting AI in business at scale is not without its challenges, including data privacy concerns, integration complexities and the need for skilled personnel. Scaling AI in business presents unique challenges: Data accessibility : Fragmented and siloed data stifle advancement.

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Reducing administrative burden in the healthcare industry with AI and interoperability

IBM Big Data Hub

This means large amounts of data being produced, stored, and exchanged every second, which is also subject of inefficiencies and gaps in its access between patients, providers, and payers given the inconsistencies in how healthcare data interoperability standards are implemented.

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5 misconceptions about cloud data warehouses

IBM Big Data Hub

Organizations looking to increase adoption of ML are turning to cloud data warehouses that support new, open data formats to catalog, ingest, and query unstructured data types.

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Measure Twice, Cut Once: How the Right Data Modeling Tool Drives Business Value

erwin

Additional challenges, such as increasing regulatory pressures – from the General Data Protection Regulation (GDPR) to the Health Insurance Privacy and Portability Act (HIPPA) – and growing stores of unstructured data also underscore the increasing importance of a data modeling tool.