26th February 2024 – Oakland Insurance has today announced a strategic partnership with Machine Learning Programs (MLP), to implement predictive AI enrichment model, MLP Score.
MLP Score is the most recent addition to a growing portfolio from MLP, which is part of the Open GI Group. The partnership signifying the next phase in a strengthening […]
Following on from part one of my last blog – ‘what is bias and how do we avoid it?’ – there is also societal bias, and this can be a doozy!
Recently there has been a big movement in art being created by AI from text. Some of it is exceptionally good and the power of […]
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 […]
The partnership sees the […]
The assessment of risks by insurers is not new. For […]
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 […]
We take a look at how machine learning has been used on a client's data to predict 'propensity to claim' in the world of Motor and Home insurance.
