3008, 2022

AI in action

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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 centuries, insurers [...]

108, 2022

Tom’s Thoughts – Data Science run down for August

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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 [...]