Transformation of Insurance Claim Automation with’s Deep Learning Platform

By Rohit Israni, Director Strategic Business Development, AI Programs, Intel® Corporation

03 Oct, 2018.

The insurance space is fraught with inherent barriers that prevent any sweeping, rapid change. In particular, health-claims processing involves a slow decision-making process that is costly and frustrating for insurers.

However, change is inevitable. Propelled by advanced analytics, the Internet of Things, artificial intelligence (AI) and deep learning technologies, the insurance industry is on the threshold of an extremely disruptive phase. This new era is bound to improve consumer experience and satisfaction, reduce claims-processing and operational costs, and increase underwriting profits.

Ushering in this transformation is, a member of the Intel® AI Builders partner program. Arya’s insurance claim workload automation software alleviates inefficiencies in the system by automating the entire process in near real time, from initial assessment and validation of a claim through the end decision and adjudication. This AI-based application leverages the Intel® Optimized TensorFlow* framework running on the latest Intel® Xeon® Scalable processors, to secure performance boosts in inference workloads. Insurers can now promise faster claims settlements to users in near real time compared to current fragmented process with long turnaround times.

Come see how at the AI Conference in London, which will be presented by O’Reilly and Intel® AI from October 8-11, 2018. Visit the Arya booth (#107) and see the demo in action!

Additionally, demo attendees will learn about:

Automating the entire health insurance-claims process
Autonomous learning in production for improved adaptability
Building, managing and scaling complex Deep Learning applications