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Opinion: Traditional Rule Engines Outlived their Usefulness

August 5, 2019 · decisionmanagementcommunity

Decision MakingInsurance IndustryRule Engines and BRMS

This LinkedIn article “How Traditional Rules Engines Stifle Innovation” states: “AI and advanced analytics are key to life insurance innovation. While the industry tries to make use of these technologies, the insurance application continues to play a central role in the underwriting process and… so does the traditional rules engine. While rules engines started as a novel way to automate underwriting in the 2000’s, the technology has outlived its usefulness and may actually hurt current efforts to innovate. Here’s why…”  Link What’s your opinion? Place your comments here.

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jamet123 · August 5, 2019

Wrote a slightly rude and pithy response. What a load of rubbish