Insurance executives who wonder if artificial intelligence should be a top priority for their company might want to consider the following:
AI, as the term is most often used today is, simply put, the theory and practice of building machines capable of performing tasks that seem to require intelligence. Currently, cutting-edge technologies striving to make this a reality include machine learning, artificial neural networks and deep learning.
The big international companies increasingly use the new technologies based on artificial intelligence, as these can evolve the interaction among the service providers and the users. An example can be on online virtual assistant who speaks with users in all languages and adapt to their “style” and demands.