What can Artificial Intelligence offer credit insurers?
Trade credit insurance has been a data-driven industry for a long time, based on the information gathered in the field and from providers. To a large extent, carriers have built risk models derived from assessments by experts and automated underwriting decisions.
Artificial intelligence and especially inductive learning are opening new perspectives for risk assessment, which trade credit insurers can benefit greatly from and use to develop their business intelligence further. Every value chain component, from explainable AI to natural language processing to quantum machine learning, can benefit from these emerging technologies.