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FlowMagic — The Visual AI Platform for Insurer Workflows

For any operational effort across large organizations, a significant amount of time and resources are spent manually inputting data into downstream systems. These processes more specifically affect insurance practices that are deeply reliant on back-office processes. The bulk of the insurance workforce is condensed into operations and support functions (e.g. policy issuance and servicing). Here, […]

Africa: The Hidden Workforce Behind AI

The machines are learning. Slowly, sure, but they are learning and we (humans) are the ones teaching them. We tell the machines how they should learn through the algorithms we write, and then feed them an enormous amount of data, so that it trains endlessly. Data labeling (the process of augmenting unlabelled data with meaningful […]

Is AI Disruption on the way for Kenya’s Insurance Space?

The earliest known reason for introducing insurance protection in Kenya, came during the time of the Colonial British — when they insured their farms and crops against loss, damage etc. Today, Kenya has 70% of the East African Insurance market (among Burundi, Uganda, Tanzania & Rwanda). Still, African Insurance is relatively nascent in terms of […]

Insurtechs are Thriving with Machine Learning. Here’s how.

Modern Insurance is only around 250 years old, about when the necessary statistical and mathematical tools to underwrite a business venture came to be. But statistical models, even the most advanced ones, need a very specific type of enriched data-diet for it to work optimally. Since then, the industry has always had to rely on […]

A Day with Artificial Intelligence

Although buzzwords like Artificial Intelligence, Machine Learning, Deep Learning are loud enough. Many of us still believe AI synonym to Robots. As stated by ZDNet – In one of the surveys conducted by Hubspot of more than 1,400 people from Ireland, Germany, Mexico, Colombia, UK, and the US, they found that many respondents did not […]

Are you drowned in data? Use AI to Make sense of it

A brilliant idea is where it all starts from. Consider a dedicated news advisor delivering relevant information based on your personal reading habits, without you having to sort it. This does sound fascinating and luckily it’s already here, in the Hotify Avatar. What Hotify is – It’s an Intelligent Information Discovery Engine designed to cater […]

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