AI/ML: How data science improves policy writing with Lauren Domnick of Northwestern Mutual
October 20, 2022
Lauren Domnick, Vice President of Data Science Innovation at Northwestern Mutual, understands the power of data. At Northwestern Mutual, they were faced with a massive problem at the beginning of the Covid-19 pandemic: How can they continue to underwrite insurance policies without access to medical records? The answer was data.
Northwestern Mutual is leading the way in using artificial intelligence and machine learning to improve not only the policies they write for their clients but also the daily lives of their underwriters and agents. By developing predictive models, they've been able eliminate much of the tedious work that comes with standard policies, leaving their underwriters more readily available to tackle much more challenging cases.
In this discussion, Lauren and Adam discuss the process of implementing these tools, how the pandemic changed the way they work, and how they sustained their culture of communication and trust throughout the process.
Interested in learning more about how your organization can make a dynamic and agile move towards more forward thinking technologies? Pluralsight can help.
5 keys to successful organizational design
How do you create an organization that is nimble, flexible and takes a fresh view of team structure? These are the keys to creating and maintaining a successful business that will last the test of time.Read more
8 ways to stand out in your stand-up meetings
Whether you call them stand-ups, scrums, or morning circles, here's some secrets to standing out and helping everyone get the most out of them.Read more
Technology in 2025: Prepare your workforce
The key to surviving this new industrial revolution is leading it. That requires two key elements of agile businesses: awareness of disruptive technology and a plan to develop talent that can make the most of it.Read more