Artificial Intelligence, Algorithms, Big Data & The Future of Banking

“Then you’ve got companies like Mass Mutual which created a new company called Haven Life. It had 100 employees initially. 70% of them were data scientists. And their secret weapon was that they were able to go back and look at 15 years of data that the parent company had and analyzed it with their algorithms. The outcome was to be able to sell life insurance online without requiring fluids from the consumer. That idea simply wasn’t possible before. It’s an example of leadership looking for the bigger opportunity.”

Mike Walsh

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