Make Insurance Great Again?
Chris Cheatham
![Chris Cheatham]()
Chris Cheatham
Passionate about making youth sports more fun | Make custom cards at statlegend.com
This morning, I keep thinking about the same two selfish questions and I'd love to hear your rational, non-partisan opinions.
- What do the U.S election results mean for insurance?
- What do the U.S. election results mean for machine learning?
A couple thoughts and questions that are in no way partisan. I promise.
Insurance companies, particularly carriers, outsource a lot of work to cheaper labor pools. Could this outsourcing practice be in trouble?
As the CEO of a machine learning company, where will we be in five years? People were clearly frustrated by the outsourcing of jobs to other countries. But machines are the next step in outsourcing (to computers). In five years — or four — are politicians running on platforms against machine learning?
I’d love to hear your thoughts.
Operations Executive | Strategic Planning | Brand Management | Transformation | Sales/Marketing | Business Development
8 年Hey Slim Shady...the emotional needs of clients who have literally sustained any major material loss needs the compassion and understanding that only can be met by a caring person...and in the insurance business that is most often means your local insurance agent. Machines with AI are great, but people with RC (real compassion) are better. Thanks for initiating the conversation.
Senior Premium Auditor @ Selective Insurance | Premium Auditing, Commercial Insurance, Review and Quality Assurance | Bringing education, value, and clarity to insurance processes for over 20 years
8 年I would love to see deregulation of the insurance industry to boost innovation. Machine learning and ai coupled with on the ground field agents and underwriters could lead to big changes in auto, home, life and even health insurance.
Founder at Propel | Founder/Exited at Denim | 4x CMO
8 年Interest rates will begin inching upward over time. This will be welcomed by insurance companies and will boost their margins and profits. This will be the needed "shot in the arm" for industry investment in innovation and growth.