How to get from A to G – Getting AI into GI
How to get from A to G' explores potential uses of AI in General Insurance.This feature article ...
Artificial intelligence
More than ever before, businesses are using artificial intelligence (AI) and machine learning to make faster and better decisions, work more efficiently and save money.
Meet your new superpower
AI inspires agile business solutions. At Finity, we can help you unlock the value of AI to enhance, accelerate and grow your business.
Intelligent insights
By collecting and learning from data, AI can spot risks and trends to help your business improve workflows, response times and customer experiences. With 20+ years of machine learning/AI experience, we help bring new capabilities to your business that were previously unattainable.
Our AI-powered solutions include
Fraud detection
Intelligent underwriting
Portfolio management
Risk modelling
Claims acceptance, triage and leakage
Automation
Streamline and automate a wide range of existing business processes by tapping into advanced AI technologies. Whether you're a start-up or a large-scale organisation, we provide practical solutions to help automate even the most complex processes.
AI capabilities
Programmatic documentation generation
Information extraction
Fraud identification via automatied anomoly detection
Web-scraping and data collation at scale
Claims triage and leakage detection
Insurance portfolio value optimisation
Pricing automation
Decide when automated pricing should be reliable or when policy attributes are unusual and pricing is uncertainBusiness process automation
Our specialty is insurance - from underwriting to claims management and beyond
Artifical Immune System (AIS)
Using a novel artificial network to model the joint probability distribution of a set of data, the AIS can be applied to a wide range of industries including financial services, insurance, digital advertising and cyber security.
The network becomes the backbone of an intelligent system able to classify data appropriately identifying issues like fraud, leakage, abnormal user behaviour and discover emerging patterns in your business.
Meet some of our specialists
Paul Beinat
PrincipalPaul Beinat
PrincipalPh +61 2 8252 3461
Mobile +61 408 080 622
LinkedIn: https://www.linkedin.com/in/dr-paul-beinat-50025888/
Qualifications
BSc (Mathematics) and PhD (Computer Science)
Paul is a Principal at Finity and heads up the Artificial Intelligence team. He has over 40 years’ experience in the insurance industry that includes management, technical and advisory roles. He is the designer and developer of Colossus, what is reputedly the largest knowledge based system in the world. He is also the designer of Claims Outcome Advisor and one of its developers, which has been used by insurance companies around the world. He has been involved in Finity’s Artificial Immune System product from research to inception. Paul spent 12 years as an adjunct professor at UTS where he was an advisor to the Centre for Artificial Intelligence and is a member of the executive leader team at the Advanced Analytics Institute. He was the recipient of the UTS Alumni Award for Excellence in 2020.
Area of expertise
- Insurance Claims
- Pricing
- Cyber Security
- Digital Advertising
Talk to me about
- Artificial Intelligence
Nikolay Nikolaev
PrincipalNikolay Nikolaev
Principalnikolay.nikolaev@finity.com.au
Ph +61 2 8252 3422
Mobile +61 422 341 309
Qualifications
BE(Electronic Engineering) MApp (Mathematics) Postgraduate Signal Processing
Nikolay is a Principal at Finity and is part of the Artificial Intelligence team. He has 20 years of experience in in the insurance industry and developing complex systems to meet insurance applications. He has extensive experience in the development of the AIS. He has extensive knowledge and experience in statistical analysis specializing in complex data mining, signal processing and mathematical models and algorithms. He is also an expert in machine learning and has developed the machine learning algorithms and ensembles in Talon.
Area of expertise
- Insurance Claims
- Pricing
- Cyber Security
- Digital Adverting
- Optimisation methods
- Statistical analysis
- Data Mining
- Signal processing
- Machine Learning
- Mathematical modelling and algorithms
Talk to me about
- Artificial Intelligence
Edward Owen
PrincipalEdward Owen
PrincipalPh +61 2 8252 3459
Mobile +61 414 289 604
LinkedIn: https://www.linkedin.com/in/edward-owen-5b53422b/
Qualifications
BSc (Mathematics)
Eddie is a Principal at Finity and is part of the Artificial Intelligence team. He has extensive knowledge and experience in optimisation methods, statistical analysis, mathematical modelling and algorithms. Eddie has 22 years’ experience working on insurance applications. He has particular design and programming expertise, having made major contributions to Claims Outcome Advisor, Precedent and Talon.
Area of expertise
- Insurance Claims
- Pricing
- Cyber Security
- Digital Adverting
- Optimisation methods
- Statistical analysis
- Mathematical modelling and algorithms
Talk to me about
- Artificial Intelligence
Our AI team have an incredible track record in the AI and machine learning space. Joining Finity in 2019, the team (formerly Neuronworks) has advanced data science and mathematical modelling skills which have been employed globally to solve real-world complex problems in a number of fields including insurance, banking and finance.
How our clients are using AI
Detect anomalous claims and prevent fraud by screening insurance applications and identifying unusual patterns.
Protect websites by detecting and alerting unusual traffic.
Detect digital advertising fraud when digital ads are being displayed in unusual circumstances.
AI & customer retention
We worked closely with a large Original Equipment Manufacturer (OEM) to build sophisticated AI and machine learning algorithms and enhance their customer retention strategy
Insights to inform & inspire
AI - Changing the future of insurance
Learn how Artificial Intelligence (AI) is changing the future of insurance.
Products to support your AI journey
Talk to us about bespoke software solutions
Innovative products. Practical insights. Infinite possibility.
Powered by smart, results-oriented people with unrivalled depth of industry experience, we can provide a unique perspective across a wide range of business challenges.
Contact us