So says Chris Cheatham (of Risk Genius) in yet another eminently readable blog post, this time on the impact of machine learning/AI on the data-rich insurance, and whether incumbents are aware of the potential value they are sitting on (and thus the attractiveness to disruptors)
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The question remains, will the big software players in the industry recognize the need for machine learning before it’s too late for them to rebuild and integrate machine learning features, or will they be pushed out of the market by new, nimble and efficient solutions like RiskGenius?
http://blog.riskgenius.com/machine-learning-will-eat-the-insurance-world
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