Intel Chip Chat

Bringing AI to the Insurance Industry with DataCubes - Intel® Chip Chat episode 670

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Synopsis

The insurance industry is no stranger to leveraging data in decision making. Underwriters have been checking ledgers and consulting information for over a hundred years, and today the industry has access to more data than ever before. The amount of data that goes into a quote is immense, often more than a single professional can easily manage. DataCubes is giving underwriters the ability to use AI to derive value from that data and asses risk efficiently. Phil Alampi is the Vice President of Customer Engagement at DataCubes, and his goal is to allow insurance professionals to do more in the way of decision-making and less in the way of administrative work that can be easily automated. Using AI powered by 2nd Generation Intel® Xeon® Scalable processors, DataCubes transforms unstructured data like PDFs into pre-populated applications, saving underwriters hundreds of hours. Armed with machine learning, Alampi and his team are helping bring data-driven decision-making to a centuries-old industry. For more abou