Addressing Inefficiencies with AI as seen in Insurance Business America
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.