Howden enhances AI capabilities

HX, the digital division of Howden Group Goldings has teamed up with Experti.ai to expand its data analytics abilities.

The partnership will enable HX to analyse historic and current submissions to enhance policy analysis, to identify emerging risks and trends, and to flag up potential areas for product and service improvement.

Expert.ai technology automates the reading and analysis of contracts by leveraging natural language understanding to comprehend the meaning of words in context, as a senior underwriter would do, but at scale.

Ian McLoughlin, business development executive at expert.ai, said: “Artificial intelligence is proving to be a key enabler in the evolution from ‘detect and repair’ to ‘predict and prevent. We are honoured that HX has selected expert.ai to optimise its data analytics and delivery costs optimisation for underwriting.”

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