Real-time risk assessment in insurance: a deep learning approach to predictive modeling

HIGHLIGHTS

  • What: The aim is to evaluate the efficacy of big data analytics in risk assessment across a varied sample of 150 insurance firms. The main reason for the 34.7-point gain in claims satisfaction ratings on a 100-point scale is AI-powered claims processing, which cuts settlement times by 56.7%.
  • Who: Dell from the NTT Data, USA have published the Article: International Journal for Multidisciplinary Research (IJFMR), in the Journal: (JOURNAL)
  • How: This Article presents a comprehensive framework for implementing advanced analytics in insurance operations focusing on risk assessment optimization . . .

     

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