"The Insurance Industry will lead the Disruption in the Financial Services" says Decimal Point CEO

AI and ML is going to disrupt the Financial Services Industry and Insurance industry is poised to lead this disruption. Personal Data Protection Bill might bring in an era of Open Insurance and open up the ecosystem.
By: Decimal Point Analytics Private Limited
 
 
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* Finance

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* Mumbai - Maharashtra - India

MUMBAI, India - Feb. 27, 2020 - PRLog -- Institute of Actuaries of India organized the 21st Global Conference of Actuaries (GCA) from the 17th - 19th Feb 2020, speaking at the occasion Mr. Shailesh Dhuri, Decimal Point Analytics Chief Executive Officer, highlighted how technologies like Artificial Intelligence and Machine Learning are disrupting the financial sector and how Insurance industry is going to lead this disruption.

He spoke about how the new Personal Data Protection bill can potentially usher in an era of Open Insurance, which will in turn, enable a collaborative ecosystem transforming the core insurance functions. The Big data explosion will enhance the role of actuaries. The presentation concluded with recognizing the future opportunities in the insurance industry as well as a brief description of emerging business models in the insurance space.

The event hosted by the Institute of Actuaries of India (IAI), also marked the completion of 75 years of Actuarial Profession in India, provided an opportunity to actuarial professionals to exchange valuable insights revolving around subjects that impact the industry at a global level. Over 750 delegates from financial services across the globe attended the 21st GCA.

About Decimal Point Analytics

Decimal Point Analytics is a financial research and analytics company incorporated in 2003 with headquarters at Mumbai. It is an independent, management-owned company, which provides actionable analytics to financial services companies. It offers customized solutions to investment management businesses that address specific challenges. It enables these customers to supplement their operations with additional resources and augment research processes using Artificial Intelligence (AI) technologies like Machine Learning (ML), Natural Language Processing (NLP) and Big Data.

Decimal Point Analytics has presence across four global locations including the United States, UK and India.

Visit the website at www.decimalpointanalytics.com.

For more information, please contact:

Vipin Vijayan

Marketing Manager

Direct: +91 22 4919 5238

Email: vipin.vijayan@decimalpointanalytics.com

Decimal Point Analytics Pvt. Ltd.

5A, B-Wing, Trade Star Building, J. B. Nagar,

Andheri-Kurla Road, Andheri (East),

Mumbai- 400 059, Maharashtra, India.

Tel: +91 22 4919 5200

Contact
Vipin Vijayan
***@decimalpointanalytics.com
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Tags:ai
Industry:Finance
Location:Mumbai - Maharashtra - India
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