The Art of the Possible – Tom Murphy
The art of the possible… As automation ramps up and aggregators grow, consumers are looking for quick insurance covers. Automated risk selection is required, but traditional computer programming is not up to the task. For years the insurance industry has tried to describe what a good risk looks like. We make our best attempt at it and accept that [...]
Adrian Flux Insurance Services new three-year deal with MLP
More than £1 million cost saving on claims at Adrian Flux key to new three-year deal with Machine Learning Programs (MLP) December 2022 – Adrian Flux Insurance Services, the UK’s largest motor insurance broker, has signed a new three-year deal with Machine Learning Programs (MLP). The partnership sees the insurance specialist continue to utilise MLP’s [...]
AI in action
AI in action: MLPrograms analyses risks for the insurance industry Developments in AI are moving fast and the potential is huge. But how exactly is AI applied in practice? Start-up MLPrograms uses modern Machine Learning methods to estimate the risks of insurance more efficiently and accurately. The assessment of risks by insurers is not new. For centuries, insurers [...]
Tom’s Thoughts – Data Science run down for August
The latest news about AI/ML within in the insurance industry from our CTO Tom Murphy Damaged Goods? Automotive News Europe has a good piece on the general application of AI in the General Insurance value chain. One word of warning from MLPrograms though, there are serious questions over the accuracy of damage estimation AI [...]
Greenlight Insurance Services – Case Study
Overview… A recent partnership has seen the highly regarded insurance broker, Greenlight Insurance services, work alongside MLP to enhance their offerings and continue to deliver innovation within their niche, modified car, target market. The Results... "The information that has been provided to us has meant we can be even more sophisticated with our pricing. We now [...]
Percayso Inform integration with MLP
Insurance intelligence provider, Percayso Inform, today announces a new integration with Machine Learning Programs (MLP).