Mentioned in 3 AI use cases across 1 industries
Think of this as comparing two types of "risk calculators" for insurance: the old, simple one is like a basic spreadsheet formula; the new explainable-AI one is more like a smart assistant that can capture complex patterns but also tells you, in plain terms, why it thinks a customer is high or low risk.
This is like giving every claims handler a super-smart digital assistant that instantly reads claim files, suggests next steps, and highlights risks so claims get resolved faster and more consistently.
This is about using AI as a very fast, careful assistant for life and health insurers – it reads medical and financial information, flags risks, suggests underwriting and claims decisions, and automates routine steps so humans can focus on complex judgment calls.