This course, in partnership with Instabase, equips insurance leaders with a comprehensive understanding of the modern AI stack, focusing on its practical application in the insurance industry, potential challenges, and best practices for successful integration and effective implementation strategies.
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Introduction
Pricing Models
Understanding Underwriting Workbenches
Improving Risk Management
Reducing Loss Ratio
1. Understand the concept of loss ratio and its significance for insurers.
2. How to utilise underwriting workbenches to identify and manage high-risk policies effectively.
3. Evaluate strategies and best practices for implementing underwriting workbenches to improve loss ratio management.
Enhancing Efficiency & Workflow Management
Providing Deeper Insight into Risk
Oversight & Compliance
Converting Models into the System
Conclusion
Introduction
Historical Overview of Insurance Fraud
Quantifying Insurance Fraud
Impact of Fraud on Consumers
External Factors Currently Influencing Fraud Trends
Impact of AI on Volume and Sophistication of Insurance Fraud
Detecting Insurance Fraud
AI in Fraud Detection
Alignment with Digital Claims Management
