108, 2022

Tom’s Thoughts – Data Science run down for August

Categories: 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 estimation AI [...]

2906, 2022

Greenlight Insurance Services – Case Study

Categories: Case Study|

Overview… A recent partnership has seen the highly regarded insurance broker, Greenlight Insurance services, work alongside MLP to enhance their offerings and continue to deliver innovation within their niche, modified car, target market. The Results... "The information that has been provided to us has meant we can be even more sophisticated with our pricing. We now [...]

1911, 2021

Adrian Flux Insurance Services boost Loss Claim Ratios with Machine Learning

Categories: Case Study|

Overview… The new partnership sees the insurance giant utilising MLP’s latest model, Propensity to Claim, to improve its loss claims ratios. Founded in 2018, MLP, who are part of Open GI, offer machine learning and artificial intelligence services to the UK general insurance and financial markets. The Results... The model which utilises machine learning insights on [...]

3009, 2021

Substance over Style

Categories: 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.