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Applying Machine Learning to Life Insurance: some knowledge sharing to master it. (arXiv:2209.02057v3 [stat.ML] UPDATED)
Sept. 29, 2022, 1:13 a.m. | Antoine Chancel, Laura Bradier, Antoine Ly, Razvan Ionescu, Laurene Martin, Marguerite Sauce
stat.ML updates on arXiv.org arxiv.org
Machine Learning permeates many industries, which brings new source of
benefits for companies. However within the life insurance industry, Machine
Learning is not widely used in practice as over the past years statistical
models have shown their efficiency for risk assessment. Thus insurers may face
difficulties to assess the value of the artificial intelligence. Focusing on
the modification of the life insurance industry over time highlights the stake
of using Machine Learning for insurers and benefits that it can bring …
arxiv insurance knowledge life machine machine learning master
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