Why is explainability important in AI?

2023-09-08T16:12:55+00:00September 8th, 2023|Blog|

In the ever-evolving landscape of artificial intelligence, there’s a term you’re likely to encounter more frequently – ‘explainability.’ If you haven’t crossed paths with it yet, don’t worry; you’re about to embark on a journey to unravel its significance. Today, we embark on a quest to unravel the essence of AI explainability – what […]

The Art of the Possible – Tom Murphy

2023-03-31T15:53:03+00:00December 14th, 2022|Blog|

The art of the possible…

As automation ramps up and aggregators grow, consumers are looking for quick insurance covers. Automated risk selection is required, but traditional computer programming is not up to the task.

For years the insurance industry has tried to describe what a good risk looks like. We make our best attempt at it and […]

AI in action

2023-03-31T15:52:09+00:00August 30th, 2022|Blog|

AI in action: MLPrograms analyses risks for the insurance industry

Developments in AI are moving fast and the potential is huge. But how exactly is AI applied in practice? Start-up MLPrograms uses modern Machine Learning methods to estimate the risks of insurance more efficiently and accurately.

The assessment of risks by insurers is not new. For […]

Tom’s Thoughts – Data Science run down for August

2023-03-31T15:33:02+00:00August 1st, 2022|Blog|

The latest news about AI/ML within in the insurance industry from our CTO Tom Murphy

Damaged Goods?

Automotive News Europe has a good piece on the general application of AI in the General Insurance value chain. One word of warning from MLPrograms though, there are serious questions over the accuracy of damage […]

Substance over Style

2021-10-01T08:30:21+00:00September 30th, 2021|Blog|

Machine learning has been around for a while and is widely used from YouTube hobbyists to the Silicon Valley tech giants. However, the adoption of applied AI in the insurance community is still very much in its infancy. In this article, MLP’s head of product James Parry looks at how the industry can make use of machine learning tools and, more importantly, how to pick the right tools for the job.