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Patra In News/In the News/Addressing Inefficiencies with AI as seen in Insurance Business America

Addressing Inefficiencies with AI as seen in Insurance Business America


April 21, 2021
Addressing Inefficiencies with AI
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Checking policy data is just the tip of the iceberg in artificial-intelligence-powered policy administration

Patra, a provider of tech-enabled services for the insurance industry, recently cemented a new partnership that will give its clients access to AI-powered policy checking. To deliver these capabilities, Patra tapped expert.ai, a specialist in AI-based natural language understanding and natural language processing.

“Advanced analytics enables insurers to adjust their business to reduce risk,” explains Jane Rheem, Patra’s chief data and analytics officer.

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