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Lumnion CEO Cenk Tabakoğlu stated: There are only 6 companies in the world operating in the field we are working in, and we are one of them. The system known as Machine Learning plays a critical role in obtaining some predictions for the future and determining the decisions we will make based on those predictions.
As for our areas of using artificial intelligence in insurance:
1. Distribution Channels: We are effectively using artificial intelligence here. We are making significant advancements, particularly in embedded insurance.
2. Claims Management: Many companies actively use image processing technology in vehicle insurance.
3. Pricing and Underwriting: This is the third main area where artificial intelligence is used, making our processes more efficient. |
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