The insurance industry is among the most affected during the pandemic– many who have not embraced predictive analytics find themselves struggling to compete.
Watson tools are efficient and tailored to address different challenges, unlike many other tools in the market. Watson tools provide integrated analytics that are accessible to different skill sets. In addition, they enable collaboration between the data experts and business resulting in a data driven and analytics focused organization. Watson tools maximize all the advantages of data science and AI technology.
Watson tools are being used in the Insurance industry to process claims faster, analyze risk using structured and unstructured data, and optimize decision making.
Learn more about Predictive Analytics for the Insurance industry in 2020.
Two of the Watson tools that are being used in the insurance industry are:
Watson Discovery is a logic-based data analytics tool proven to increase claims processing outputs by 25 percent among our clients.
Watson Studio includes the capability to build, deploy, and manage AI models.
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