Fukoku Mutual invests $1.7 million in IBM Watson
Japanese life insurer Fukoku Mutual is investing $1.7 million in a Watson-based system that will process payment assessments . Specifically, the system will be tasked with reading medical certificates and policy clauses to collect information necessary for making payouts. 34 workers will lose their jobs. Recall insurers deploying AI solutions across the insurance value chain below.
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