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Colossus: Ancient Software That Determines Insurance Claims | Corporate Casket

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Colossus and AI Can Save You Thousands of Dollars a Year

When used properly Colossus and AI could be fantastic tools. It takes the guesswork out of calculating claims to some extent giving a jumping-off point for adjusters. No one wants to get 80 percent less than someone else just because they had the wrong adjuster you know. Some insurers have adjusted or tuned their computer systems to generate claims savings without adequately examining the validity of each claim that has been made.

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