Artificial Intelligence to Tackle Insurance Fraud and Assess Flood Damage
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- 40 artificial intelligence and data analytics projects announced to boost productivity and improve customer service.
- Businesses and customers to benefit from 40 new artificial intelligence and data analytics projects to increase productivity and improve customer service in professional services sector
- Projects include an online "bot" for quick legal advice, voice recognition technology to detect fraudulent insurance claims, and artificial intelligence to review business expenditure
- Part of the Industrial Strategy 'Next Generation' Challenge Fund to ensure
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A project to develop breakthrough artificial intelligence technology for the anti-fraud sector is one of a number of new projects set to receive funding to enable the
The artificial intelligence software, being developed by
The project is one of 40 backed by
Other examples include:
* an online "bot" which will use artificial intelligence to provide quick answers to legal questions online
* an analysis tool which looks at images collected by drones to assess flood-damaged areas, using a 3D image recognition system to evaluate flood extent and depth alongside impacts on buildings and infrastructure to help with insurance claim assessments
* artificial intelligence software that will analyse accounting data and suggest ways for businesses to cut expenditure, suggesting new deals on gas, water and electricity bills
Business Secretary
Artificial intelligence and data are transforming industries across the world.We are combining our unique heritage in AI with our world beating professional services to put the
We want to ensure businesses and consumers benefit from the application of AI - from providing quicker access to legal advice for customers, to tackling fraudulent insurance claims, these projects illustrate our modern Industrial Strategy in action. We're investing record levels in research and development so that every part of the
The projects announced today back innovation in the accountancy, insurance and legal services and are part of the
The service industry around the world is being transformed by information technology. The Next Generation Services Challenge offers important opportunities for transformation of the legal, insurance and accountancy sectors across the
Through the
The Government's modern Industrial Strategy commits to placing the
Maryland Consumers Continue to Have Expanded Insurance Carrier and Product Choices in the Marketplace
Federal money announced for Maryland roads damaged in floods
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