Insurance - RE•WORK Blog - AI & Deep Learning News

Top Challenges for AI in Finance in 2023

What are the challenges for AI in Finance this year? We caught up with experts from JP Morgan & Chase, UBS, University of Greenwich, Cornell University, and Fidelity Investments to find out about the top challenges that AI in Finance will face in 2023....

International Women's Day

Top 30 Women in FinTech

This year, we're taking the time to recognise and celebrate some of the fantastic women working within FinTech, as an important reminder of their accomplishments & contributions toward the field...

Insurance

How to Overcome Main Challenges in Implementing AI in the Insurance Industry and Improve Claims Management Process

By implementing Artificial Intelligence into claims adjustment software, the insurance enterprises are enabled to gain new quality in claims management and achieve impressive operational savings....

Enterprise Software

What is AI Assurance?

It is essential that trust is built into the deployment and development of AI systems. With the prevalence of AI's role in almost every area of society, trust and robustness are more important now than ever for the deployment of AI at scale....

AI Applications

6 Uses of AI, ML & NLP in Finance & Insurance

There are swathes blogs covering the impact of AI on both the financial and insurance industries, however, many look at farfetched AI and ML concepts, not yet trialed or applied in either....

Event Highlights

Day 2 Highlights: AI in Finance & Insurance in New York

"The best place to look for the lead in change is outside this industry." Baiju Devani from AVIVA went on to explain that “the algorithmic revolution is happening everywhere. We need to be thinking algorithms first, not just AI first.”...

Event Highlights

AI in Finance & Insurance: What did you miss in New York today?

‘Data science is as much business as it is science, and data based “decision-ing” is at the core of every step of the customer journey in retail finance.’ - Anurag Setty, Barclays US...

Financial Compliance

Artificial Intelligence and How It’s Transforming Compliance

Financial compliance needs to be nimble and adaptive and can use technologies like AI to keep up with the scope of work expected of compliance teams. In a best-case scenario, technology can be leveraged to make compliance faster, easier, and more manageable....

Commercial Insurance

How to Enjoy the Driving Experience, Risk-Free

Driving an automobile is as quintessentially American as baseball. There are so many movies that glorify driving – directly or indirectly. Some famous car chases like in “Bullitt” and the entire “fast and furious” genre are some direct examples that glorify the American ideal of driving....

Insurance

How is AI Impacting the Insurance Industry?

Six years ago, I had a minor accident with my car. Needless to say, it was not a pleasant experience. I had to take my car to a drive-in inspection centre, contest a false claim made by the other party and then finally get my car repaired....

Insurance

Learn How AI is Transforming Finance & Insurance

Whilst banking and financial services may have been slower off the mark in adapting to a digital future, many of the industry leaders are now being positively transformed and disrupted by digitalisation. Santander...

Insurance

Imbalanced Data and Credit Card Fraud Detection

In 2018, just under five million people fell victim to debit or credit card fraud in the UK - with over £2 billion stolen in total, averaging £833 per person. By 2025, the global losses to credit card fraud are expected to reach almost $50 billion....