Building AI-driven insurance policy review startup - Chris Cheatham

13/11/2020 34 min

                    Building AI-driven insurance policy review startup - Chris Cheatham

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Data Transformers Podcast Building AI-driven insurance policy review startup - Chris Cheatham
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Building AI-driven insurance policy review startup – Chris Cheatham
' /> Apple Podcasts Google Podcasts Spotify Stitcher https://youtu.be/V7sZUOutGFY Episode Title : 40+ years of data experience in 30 minutes with Peggy Tsai and Ramesh Dontha Episode Summary: The kickoff episode goes into the professional and personal lives of the co-hosts Peggy Tsai and Ramesh Dontha. Who are they? What have they been doing before the podcast? Why do they want to do a podcast? Where did they meet? What do they want to accomplish with Data Transformers’ Podcast? Topics discussed in this episode:

Automated process to review legal documents (3m:00s): The pain of having to pore over hundreds of claim documents manually and issues with existing software forced Chris and team to build their own software using machine learning techniques.
Customer feedback for first pivot (5m:00s): Customer feedback helped Chris and team to pivot their company to develop an insurance policy review software from what used to be an insurance claims software.
Need for AIML software for policy reviews (9m:00s): Polciy holders don’t usually know what is covered in their policy or not covered. Underwriters also don’t what their competitors are covering. AIML with NLP will go thru all these documents and different terminologies and quickly summarize the findings.
How a lawyer...

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