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How AI and Big Data Are Transforming the Insurance Industry

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Improved Risk Assessment Historically, insurers set premiums through historical data. Big data offers them the chance to look at real-time data concerning the lifestyle, driving habits, or health behaviour of a particular individual. For instance, telematics data allows car insurance to track the manner in which someone drives. Thereby, it offers UBI models where lower premium rates a... https://topcollegesadmission.in/college-list/mbapgdm/pune

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