Tag: Large Language Models
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Reimagining Insurance Through AI with Piyush Singh
Doclens.ai Podcast Episode 2: AI and Insurance: A Match Made in Heaven The world of finance is undergoing a digital revolution, and the insurance industry is no exception. Artificial intelligence (AI) is rapidly transforming how businesses operate, and insurance companies are poised to reap significant benefits from this powerful technology. In this blog post, we…
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Decoding Disruption: The Impact of AI on Insurance with Sandeep Tyagi
Doclens.ai Podcast Episode 1: A Look into the Future of Insurance with AI In the ever-evolving world of finance, Artificial Intelligence (AI) is rapidly transforming how businesses operate. The first episode of the Doclens.ai podcast dives deep into this disruption with Sandeep Tyagi, a veteran computer scientist with over 35 years of experience leveraging data…
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How AI is Augmenting the Craft: The Ethical Renaissance of Writing
At DocLens.ai, we are obsessed with enabling our customers who are insurance claim experts with effective case summary writing. For example, when an accident happens and reports get submitted to the claim departments, our customers need to quickly summarize how the accident happened, who wereinvolved and what injuries were sustained. Summary writing in expert situations…
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The Algorithmic Advantage: AI in Regulated Industries
The world of artificial intelligence (AI) is no longer confined to science fiction. It’s rapidly coming to Insurance and all insurance companies are actively talking about this topic. Insurance being a regulated industry, can benefit from advances and trends in other heavily regulated industries —banking, healthcare, and finance. According to McKinsey, 40% of C-suite executives…
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Data Defense Dynamics
Navigating Privacy Challenges in the AI Era !! The surge in cloud-hosted AI software has ignited crucial conversations about data privacy. In response, a detailed framework paves the way out to help users navigate varying levels of data protection. Under the framework, privacy can be categorized into four tiers: Within each level, intricacies abound. For…
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Know Your Contracts
Using third parties can provide significant flexibility and efficiency but when an organization relies on third parties, the organization is exposed to risk and potential liability based upon the actions of those third parties.
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Automating Extraction and Conversion of Unstructured Data
The automated extraction and conversion of unstructured data found in primary source documents, reports, records and other medium to structured data that can be used for analysis is the most significant step in the evolution of data analytics.
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Artificial Intelligence Using Large Language Models Can Accurately Evaluate Risk in Liability Claims
Rapidly the Insurance Industry has moved beyond discussing whether the Insurance Industry should use AI and LLMs to identify the best use cases for these new techniques and implementing solutions.