2023 White Paper on the Deep Empowerment of the Insurance Industry by Big Model Technology

Mondo Technology Updated on 2024-01-28

What I am sharing today is the AI large model industry research report:"2023 Big Model Technology Deeply Empowers the Insurance Industry***

Featured Report**: The world of fantasy films

Summary of the content of the research reportAs follows, with the rapid development of large-scale model technology, all walks of life are undergoing unprecedented changes. As a data-intensive industry, the insurance industry has data advantages and rich application scenarios, which is one of the best application fields for large models. Big models coincide with the underlying logic of insurance, and they both rely on data and models as a cornerstone. The underlying architecture of large models is based on data and models, while the insurance industry adheres to the law of large numbers and is also based on data and models. Because of this, there is a natural fit between insurance and large models, which makes the application prospects of large models in the insurance industry more and more broad.

Insurance: Empowerment of the whole business process

The large model can be applied to the whole business process in the insurance field, helping insurance companies better analyze market trends, understand customer needs, accurately price products, improve marketing efficiency, improve risk management capabilities, improve the convenience of claims, and improve service quality, so as to reduce operating costs, improve marketing and service efficiency, and improve customer experience.

**Focus on the key technologies and core capabilities of large models, combined with the policy environment, deeply analyze the multi-dimensional application scenarios and value of large models in the insurance industry, and provide practical reference suggestions for how to apply large model technology and achieve value creation in the insurance industry.

**The system illustrates the natural fit between large model technology and insurance in the underlying logic. On the one hand, the large model technology makes full use of all the data on the Internet, so as to have higher accuracy, stronger generalization ability, and lower application threshold, which realizes a performance leap on the basis of traditional deep learning Xi, and meets the application needs of all walks of life in multiple scenariosOn the other hand, insurance is inherently closely linked to data, and the abundant application scenarios make insurance an excellent application field for large-scale model technology. This natural fit makes the combination of large model and insurance gradually move from "capability emergence" to "value emergence", and its value creation will gradually evolve from quantitative change to qualitative change, from change to change, and from change to subversion.

The in-depth cognitive ability of the large model will change the industry's ability to perceive and manage risks, promote the actuarial model of the insurance industry to upgrade from "extensive **" to "accurate prediction", and promote the transformation of risk management from relatively passive "equal management" to relatively active "reduction management". This transformation will reshape the business model of the insurance industry, lead a disruptive change, and open a new chapter in the development of the insurance industry.

Report producer: Sunshine Insurance & Tsinghua University).

The following is an excerpt from the original report:

This article is for informational purposes only and does not represent any investment advice from us. The world of fantasy filmsOrganizing and sharing information is only recommended for reading, usersInformation obtainedFor personal Xi only, please refer to the original report for use. The report totals:76 pages。Due to space limitations, only some of the contents are listed.

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