QOMPLX Insurance President and GM, Alastair Speare-Cole talks to Insurance Day about the use of machine learning to transform the underwriting process. It comes down to the sophistication of the human-machine interaction that is enabled by advanced underlying technology.
Speare-Cole says that “With good machine learning, the system will start saying ’the last five times I made one of these referrals to a human underwriter, the decision was this or that and and therefore this is the appropriate action under these circumstances.’ As the machine learning or AI gets more sophisticated - and the machine gets it right - the referral rules will change."
Learn more about QOMPLX, its state-of-the-art technology, and how the company is creating their own successful use cases demonstrating that the machine learning is a game-changer within the insurance industry.
The article can be found here.