Insurers are no stranger to building AI models. In fact, many AI modelers and data scientists began as actuaries. Yet, many see AI as complementing their core value proposition, not becoming the core itself. The challenging environment, heightening regulatory scrutiny, demand for personalization and keen competition from other industries is changing this perception.

This solution brief by TIBCO Software looks at how the company is helping insurer to make AI as part of their core process. It will show the company’s modular data science and AI platform can help how insurance brokers and third-party administrators to gain benefits such as increased gross written premiums and reduce overall costs.