AI in action
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 [...]
Tom’s Thoughts – Data Science run down for August
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 [...]
Greenlight Insurance Services – 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 [...]
Percayso Inform integration with MLP
Insurance intelligence provider, Percayso Inform, today announces a new integration with Machine Learning Programs (MLP).
New CEO for Machine Learning Programs
Machine Learning Programs (MLP) has confirmed the appointment of Damian Baxter as Chief Executive Officer. The move is part of a strategic decision to grow the machine learning and AI specialist by its original founders and investors.
Adrian Flux Insurance Services boost Loss Claim Ratios with Machine Learning
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 [...]