Banking & Insurance, Cognitive computing, Robotic Process Automation
In case you missed the first post in this series, I looked at two hotbed application areas for AI in Insurance: Claims and Underwriting. In both of these areas, AI accelerates key parts of professionals’ tasks through automation and enables them to focus more of their time on the higher added value parts of their jobs: taking
Cognitive automation is based on software bringing intelligence to information-intensive processes. It is commonly associated with Robotic Process Automation (RPA) as the conjunction between Artificial Intelligence (AI) and Cognitive Computing. By leveraging Artificial Intelligence technologies, cognitive automation extends and improves the range of actions that are typically correlated with RPA, providing advantages for cost savings and customer
How many elements need to be considered, understood and extracted in a claims validation process? If we’re talking about an automobile accident, for example, this could include many variables like date of accident, location, time of day, vehicle type, claimant motion androle, prognosis, claimant‘s date of birth, agency name, etc. The analysis of the information
Companies in many industries have started using cognitive automation to improve the automation of their business processes and the insurance industry is no exception. Like other industries, insurers have faced a number of changes and the so called “digital transformation” has given them the opportunity to innovate and improve a variety of processes, but especially
Banking & Insurance, MARKET INSIGHT, Robotic Process Automation
Customers continue to expect easier, and more innovative ways of interacting with companies. At the same time, companies are working to meet these challenges in a way that is both innovative and cost effective. This is especially true in the insurance industry, where, according to consulting firm McKinsey, “advances in robotics, cognition, artificial intelligence and
Events, Books, Conferences, Robotic Process Automation
Robotic Process Automation Conference 2017: things to know Robotic Process Automation is emerging as one of the latest disruptive applications of technology. Thanks to innovative capabilities that provide users with strategic benefits (cost savings, higher efficiency, advanced analytics, enhanced ROI, etc.), organizations in any industry are increasingly adopting robotic process automation (RPA). Analysts and experts
The automation of human labor has been happening since the industrial revolution. While robotics has been traditionally used to replace labor-intensive work in industries such as automotive and electronics, new developments are bringing it into a perhaps unexpected environment: the office. In this post, we’ll talk about the next frontier of automation: Robotic process automation.
Marco Varone
Daniel Mayer
Andrea Melegari
Marketing Staff