Machine learning – Automation of Claim Processing

Introduction Artificial intelligence can definitely help in the claims processing. As it often is with technology the key is to automate say 80% of the time/cost and then handle the remaining 20% manually. The reason being, of course, 100% automation is hard to achieve. Paperwork, manually written notifications, follow-ups, and underwriting are usually boring to do. Automation allows companies to reduce the cost that is spent on routine work and…

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