Better data, better decisions (With Tom Wilde)
Insurance Covered
Navigating the Decision Economy in Insurance
This chapter explores the intricacies of the decision economy within the insurance sector, emphasizing the pivotal role of data in shaping informed decision-making. It discusses the challenges of managing unstructured data, particularly from documents like scanned PDFs, and how advancements in AI technologies are transforming this data into actionable insights. Through examples such as medical records, the chapter highlights the evolution of predictive analytics and the significant impact of enhanced data processing on the industry's success.
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