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

IBM Big Data Hub

In today’s digital age where data stands as a prized asset, generative AI serves as the transformative tool to mine its potential. Adopting AI in business at scale is not without its challenges, including data privacy concerns, integration complexities and the need for skilled personnel.

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The most valuable AI use cases for business

IBM Big Data Hub

Other uses include Netflix offering viewing recommendations powered by models that process data sets collected from viewing history; LinkedIn uses ML to filter items in a newsfeed, making employment recommendations and suggestions on who to connect with; and Spotify uses ML models to generate its song recommendations.

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5 misconceptions about cloud data warehouses

IBM Big Data Hub

These developments have accelerated the adoption of hybrid-cloud data warehousing; industry analysts estimate that almost 50% 2 of enterprise data has been moved to the cloud. In addition, companies have complex data security requirements. In addition, companies have complex data security requirements.

Cloud 56
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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.

Insurance 104
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New CNIL €400,000 fine for data security breaches and non-compliance with data retention period under the GDPR

Data Protection Report

Following the now famous €50m fine imposed on Google LLC in January 2019, [1] the French Data Protection Authority (the CNIL ) published a decision taken on 28 May 2019 [2] imposing a fine of €400,000 on SERGIC, a company specialised in real estate development, purchase, sale, rental and property management.

GDPR 40
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Data governance use cases – 3 ways to implement

Collibra

Establishing data as a strategic asset is not easy and it depends on a lot of collaboration across an organization. However, once you have a system of record in place for your data, your organization can implement many valuable data governance use cases more easily. . Data lake management: Prevent a data swamp.