Anything you can do, AI can do better: Machine Learning

 ByEmma Sheard from Insurance Nexus    Monika Schulze, Global Head of Marketing at Zurich Insurance sees the opportunity for machine learning to revolutionise the insurance industry, stating that “The old way of working can be modernised and be made more efficient, but it’s also possible to find new products and services. How do we get from paying out when something happens to helping customers predict when and how something might happen?”  As an industry already undergoing dramatic disruption as the world itself changes, including autonomous cars, the Internet of Things, wearables, sensors and the quantified self, insurance companies must innovate in product development and service provision to meet the ever-changing needs of consumers.  George Argesanu, Global Head of Advanced Analytics, Personal Insurance, AIG adds that “The one thing I am the…


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