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The Irony of ChatGPT and Silicon Valley Bank
You really couldn’t dream up this sort of humor. Consider first the mania created by ChatGPT and generative AI. It is truly fascinating a big step forward for both technology enthusiasts and business people looking to understand and leverage data. The growth of generative AI – and other AI tools like SDRefinery – is a…
Read MoreOhio Mutual Client Testimonial
John DeLucia and Nate Brown of Ohio Mutual describe their experience working with SDRefinery on the AMD claims processing engagement. John is the , Vice President of Claims, and Nate is the manager of Auto Material Damages claims.
Read MoreStarting From Scratch
By Luke Coelho, SDRefinery Summer Intern – 2022 As a data science major entering my senior year, I was excited to land an internship with a company where I could gain some practical experience with data. My excitement was both amplified and cautioned by the fact that I’d never heard of either sentence data or…
Read MoreOhio Mutual Engages SDRefinery AI to Drive Performance Improvement
PLYMOUTH, MINNESOTA, May 10, 2022 – Sentence Data Refinery, Inc. (“SDRefinery AI”), a company that uses proprietary technology to drive operational performance improvement for insurance businesses, is pleased to announce that Ohio Mutual Insurance Group, a Bucyrus, OH based property and casualty insurance company, has selected SDRefinery AI to power the refinement of claim note…
Read MoreTop 3 Strategies for P&C Claim Organizations to Improve Performance Using Claim Notes
The narrative tells the story of the claim. From your perspective as a claims manager, it establishes your adjusters’ ability to capture and understand the details of the claim story. More importantly, it creates the opportunity to determine adjusters that are either well equipped or struggling to get the claim past a critical milestone.
Read More“Can This Building Collapse?”
Not only did the horrific tragedy of the Surfside, FL condo collapse stir some fear, but perhaps more troubling is looking at historical data of structural failures.
Read MoreIs Your Company Missing a Big Opportunity?
An undisputed fact is that in the period from March, 2020 to present, business processes in almost every industry changed significantly. Whenever a business process changes, so do the associated risks.
The changes in business processes emanating from the pandemic highlighted a fact that most every seasoned executive in the industry already knows: things are changing all of the time.
The faster insurance companies learn to tap the wealth of knowledge in their sentence data, the faster they will identify the changes and understand the new universe of opportunities for operational improvement in underwriting and claims.
Read MoreKnowledge = Conversations
Conversations are the way in which knowledge is exchanged. Knowledge about what’s happening to who, when, where, how and why. All of that knowledge is facts, circumstances and decisions that we call sentence data.
Read MoreBasic Explainer Video of SDRefinery AI – Oct, 2020
I invite you to watch the following animation video that uses insurance claims to demonstrate the inherent conflict between systems and sentence data. It is followed by an illustration of the opportunity to radically improve the speed and efficiency of managing risk and increasing operating margins.
Read MoreAccelerating Improvement in Insurers’ Operating Profits
At SDRefinery, we believe the profitability of insurance organizations is rooted in the decisions that underwriters, claim adjusters and other professionals make during their daily activities.
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