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Neuton Use Cases for Neural Network and Machine Learning

Fraud insurance claim detection
Challenge:
Whether internal or external, there is a wide variety of threats posed to enterprises across multiple industries. The most difficult threat to diagnose and address, however, is fraud. Fraudulent activity is a high-cost threat that can compromise the integrity of your company as well as cripple your bottom line.
Solution:
The use of fraud detection solutions based on AI methodologies enable your organization to discover the triggers and situational interactions that are likely to produce fraudulent activity, thus empowering your company to prevent fraud while saving both time and money.
Why Neuton:
Typically, insurance claims require a significant amount of integrated data, including social media, cell phone, ATM usage, financial records, police records and hospital records, to effectively identify any hidden or potential fraudulent activity. In addition to the volume of data, it is critical to identify a threat quickly before it can cause harm. Neuton can easily handle such challenges because it does not require an exceptional amount of data in order to produce highly accurate and predictable results and its models work at nearly the speed of light.
Best Offer
Challenge:
With a large variety of products on the market, the pressure to retain customers, and consumer expectations for personalized treatment, marketing and selling generic products is no longer an option. For insurance companies this means that finding the right products to cross-sell to customers is critical for success.
Solution:
With AI models, insurance companies can determine which products and policy options are the best fit for a given consumer. AI can also determine an individualized price based on consumer behavior and historical data.
Why Neuton:
Neuton excels with both large sets of data well as small sets of data, therefore enabling effective neural network learning in either circumstance to meet business objectives. This enables small insurance companies with little historical data to do more with fewer statistics. In addition, Neuton excels at producing models that execute significantly faster than those built by other AI solutions.