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ARTICLE · 03 FEBRUARY 2020

What's The Big Deal About Privacy?

Wilson Elser Moskowitz Edelman & Dicker LLP
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With the rapid expansion of technology entering every field of business, manufacturers and service providers are being presented ...

United StatesPrivacy

How Artificial Intelligence Is Making It Critical to Control Transactions of Data

This article was co-authored by Henry Croyden, CEO of TonkaBi and Jonathon Croydon, Product Director, TonkaBI

With the rapid expansion of technology entering every field of business, manufacturers and service providers are being presented with previously unconsidered opportunities to reap value from the reuse and repurpose of data initially collected and harvested for other reasons. Learned intelligence through artificial intelligence (AI) systems provides value for the processor not previously realized or recognized in transactions. This is particularly true when considering how AI companies that work with insurers to optimize their claims processing are left with a valuable resource after the data collection is complete. This article addresses how the value of a neural network has been ignored and should be considered when an insurer considers outsourcing its claims processing.1

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