article thumbnail

How can AI increase your business’s bottom line?

Online Computers

In insurance, for instance, AI is already being used to automate claims processing and identify fraudulent claims. Insurance companies are also leveraging AI-powered chatbots to answer customer questions 24/7, freeing up customer service representatives to provide more in-depth support.

article thumbnail

Making Business Continuity affordable

Kings Bridge BCP

Your insurance will keep you running through your business day, but once the money runs out you better know who your customers are going to be. With so much advertising and market saturation, it is very expensive to win a new customer to your solution; it is much cheaper to keep your existing customers happy.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Opening the eyes of the machine: Computer vision with AutoML (Part 1)

Advancing Analytics

Auto-insurer Tokio Marine use computer vision system for examining damaged vehicles. In the insurance business, Tokio Marine, a Japanese-based property and casualty insurer use computer vision to analyse and evaluate damaged cars, speeding up the evaluation process. Advertising. Source: isurancejournal.com.

article thumbnail

Can You Afford Business Continuity Planning?

Kings Bridge BCP

Your insurance will keep you running through your business day, but once the money runs out you better know who your customers are going to be. With so much advertising and market saturation, it is very expensive to win a new customer to your solution; it is much cheaper to keep your existing customers happy. Why You Need a Plan.

article thumbnail

Strategies for Digital Risk Protection

Reciprocity

Digital connections are essential. Without them, your organization won’t be able to keep its critical business functions running smoothly. At the same time, it’s imperative to have measures in place to comply with a growing roster of cybersecurity standards, privacy laws, and regulations to protect your customers and your brand.

article thumbnail

Are You Telling Your Clients Your Company is HIPAA Certified?

Prism International

Department of Health and Human Services issued the Privacy Rule to implement the requirements of the Health Insurance Portability and Accountability Act of 1996 (HIPAA). Be it a false advertisement or merely misinterpretation of the HIPAA guidelines applicable to a service provider in the RIM industry the company is not in itself certified.

article thumbnail

The Hidden Costs of Ransomware

Plan B Consulting

Once you have lost customers or market share, you may have to offer discounts or run additional advertising campaigns to get back to where you were before the ransomware attack. The class action, in turn, could lead to additional costs for the organisation or an increase to their insurance plan if they covered these claims.

Alert 52