Insurance claims fraud is a serious issue that can lead to higher premiums for honest policyholders and financial losses for insurance companies. To combat this problem, insurance companies have turned to machine learning techniques to detect fraudulent claims.
Increasing number of retail and e-commerce businesses are opting for machine learning-based inventory management. What are the advantages of such an outcome? And how can we be certain that inventory management through machine learning is the industry's future?
To dilettantes with only a passable knowledge of this subject, the term ‘predictive genomics’ may seem obsolete since all endeavors in the field of genetics are predictive in their intent. However, it is a discipline at the crossroads of various fields like personal genomics, phenology, and bioinformatics alongside many more. Its relevance lies in the understanding of the human phenotype (expressed traits in an individual) as a function of the person’s genotype and his/her environment and being able to integrate the two variables of the function in a population for generations using advanced computational modalities like AI and Machine Learning.
Even as the COVID-19 pandemic releases its vice-like grip on the world, insurance has become and continues to be a matter a public discussion. In this new era of actuarial science, it is important to see why IT can be a key in elevating your P&C firm to the next level.
Supply chains, the backbones of national economies, have had to change their strategies in order to stay efficient and meet the new market requirements of a post-pandemic world. They must increasingly embrace digital solutions to cope with the uncertainties, challenges, and restrictions of our times. The supply chain ecosystem became all the more critical once the vaccines for COVID-19 were developed – it was the need of the hour to get the vaccines to the public quickly and in the right quantities. In this blog, we talk about digital solutions that can assist this endeavor, bringing resilience to the supply chain for COVID-19 vaccines.
With flourishing markets and blooming job opportunities, HR professionals are flooded with resumes and it has become an arduous task managing them. This blog talks about how technologies can simplify the recruitment process using automation, by leveraging Machine Learning & Natural Language Processing