Harnessing Generative AI for Flood Insurance Risk Evaluation and Mitigation Ashis Kumar Rout2024-09-04T18:40:44+05:30Floods are the most common natural disaster worldwide. A flood is demarcated as an overflow of water that submerges land that is usually dry. Flash flooding befalls when heavy rainfall over a short period hits areas with inadequate drainage. Other causes of flood events comprise high tides, storm surges, [...] FacebookTwitterLinkedInEmail April 25, 2024 Read more...
Generative AI in Insurance: How It’s Helping in Risk Assessment & Claim Processing Ashis Kumar Rout2023-11-16T17:20:29+05:30 Generative artificial intelligence represents a category of AI that utilizes generative models to produce text, images, or other forms of media. These models grasp the intricacies and structure of their input training data, enabling them to generate new data with similar characteristics. Generative AI in insurance plays a pivotal role [...] FacebookTwitterLinkedInEmail November 16, 2023 Read more...
Top 7 ChatGPT Use Cases in the Insurance Industry Ashis Kumar Rout2023-08-24T18:16:52+05:30 There has been much hype in the media surrounding language models like ChatGPT because they have the potential to revolutionize our interactions with computers and enable the automation of various tasks. ChatGPT is a natural language processing (NLP) platform driven by Artificial Intelligence (AI). It is trained on a [...] FacebookTwitterLinkedInEmail May 8, 2023 Read more...
5 Opportunities that the Metaverse Brings to the Insurance Value Chain Ashis Kumar Rout2022-11-23T16:49:15+05:30The metaverse is steering the next wave of digital transformation, which will provide insurers with powerful technology tools for differentiation as well as challenges to navigate. In the years ahead, the rise of the metaverse will begin to influence every facade of insurance, from the workforce experience to distribution, [...] FacebookTwitterLinkedInEmail November 17, 2022 Read more...
