Fractal's Computer Vision solution for Underwriting & Claims selected as one of the top solutions to be presented at the event to be attended by more than 400 P&C Execs
The talk will feature Fractal's Image and Video Analytics (IVA) solution and demonstrate how it enables #betterdecisions for P&C Insurers. IVA is Fractal's deep-learning based solution that is used by insurers to analyze images/videos/complex documents at scale, during underwriting and claims stages. During underwriting, it is used to assess value and estimate coverage with precision and during claims it is used to assess severity and estimate settlement amount, at speed. IVA has been ranked as one of the differentiated products in The Forrester Wave on Computer Vision Consultancies, 2020. More details on the solution can be found here
IVA reduces inefficiencies and limitations that Insurers are facing today as it requires significantly lesser training data (one of the biggest problems associated with computer vision solutions), has anywhere deployment to allow "Ambient Intelligence"/ "Embedded AI" so that the algorithms can scale cross embedded systems (devices/IoT systems) / cloud and hybrid architecture and incorporates two patents (a) patent for hierarchical classifiers of DL architecture and (b) self-supervised learning for identifying patterns.
"Improved effectiveness and increased efficiency lead to Better Decisions", said
For more information on Fractal, please visit: www.fractal.ai
Fractal is one of the most prominent players in the Artificial Intelligence space. Fractal's mission is to power every human decision in the enterprise and brings AI, engineering, and design to help the world's most admired Fortune 500 companies.
Fractal's products include Qure.ai to assist radiologists in making better diagnostic decisions, Cuddle.ai to assists CEOs, and senior executives make better tactical and strategic decisions, Theremin.ai to improve investment decisions, and Eugenie.ai to find anomalies in high-velocity data.
Fractal has more than 2000 employees across 16 global locations, including