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ExpertAISearch results for 'Practical AI'

Expert.ai Expands AI Offering for Banks and Financial Services

Strengthened “Adverse News Screening” solution for Anti-Money Laundering (AML) projects; Enhanced intelligent research capabilities; Expanded support for ESG risk management, regulatory tracking & change management processes. Expert.ai, a leading company in artificial intelligence (AI) for language understanding and language operations, today announced its enhanced offering for the banking and financial services industry. Expert.ai composes the … Continued

A Safer Path for Insurers to Access Generative AI

The insurance industry is at a technological crossroads. Today, the AI opportunity in insurance is broad, and AI promises significant improvements for the cognitive heavy lifting necessary to assess risk, process claims and detect fraud. Here, generative AI technologies are set to redefine the competitive landscape. However, the mere potential of these technologies does not … Continued

Takeaways from World AI Cannes Festival 2024

The World AI Cannes Festival (WAICF) is known for being one of the world’s largest conferences on artificial intelligence, and the expert.ai team was thrilled to take part again this year at such an exciting time in the world of AI. From our spot on the exhibition floor and the demo stage, we talked to … Continued

The Big Picture of AI and Insurance: James Sizemore

The evolution and acceleration of AI technologies over the past year has us all thinking toward the future and all of the ways that AI is transforming how we do business. For insurance companies, this transformation is not only happening in processes like underwriting and claims handling, but along the entire continuum of the customer … Continued

The Insurer’s Perspective on Leveraging AI

The buzz around generative AI and large language models is shaping insurance company agendas and strategies as we speak. While companies are already experimenting and even using these new capabilities, there are many challenges to navigate and opportunities to explore. Last month, we sponsored a panel of insurance experts who came together to talk about … Continued

Presenting BUSTER: A NER Benchmark for the Finance Domain

Among the many AI-based technologies that are helping businesses make the most of their information, natural language processing (NLP) is a critical tool. For language-intensive domains like insurance and pharmaceuticals, finance and media, NLP is being used to capture the non-structured, non-tabular data that contains crucial information for enterprise processes.   However, transferring such technologies … Continued

2023 in (expert.ai) Review

The year 2023 will undoubtedly be remembered as one of tremendous growth in artificial intelligence natural language (NL) technologies. Generative AI and large language models (LLMs) have captured headlines, corporate strategies and legislative agendas around the world, driving development and innovation at an unprecedented pace. As we approach 2024, we want to look back on … Continued

Meeting the Call for AI Regulatory Compliance in Insurance

The capabilities of new AI tools are having a democratizing effect on the use of AI, ushering in a new wave of transformation that is spurring rapid adoption in every industry, including insurance. As insurers begin to bring new capabilities like generative summarization (among others) to their operations, there is a growing imperative to make … Continued

Responsible AI Gets Real

It’s not an overstatement to say that AI is driving transformational change. According to the World Economic Forum, AI is on track to increase global GDP by more than $15 trillion by 2030. While overall AI use is on the rise, the introduction of ChatGPT last fall has catalyzed a wider population of users and … Continued

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