This is Part 3 of our blog series, "Data Science Use Cases in Insurance." The insurance industry isn’t the same as it was 20 years ago. It has become much more competitive as tech companies come into the picture with new and innovative ways to compete in order to gain a foothold in the insurance industry. Consumers want to save money and will make their decisions based on the lowest price available. Some websites will help the consumer compare carriers’ prices and offerings to choose the best deal. Unfortunately, this is causing insurance companies to make price their priority over quality and customer satisfaction.

This is part 2 of the blog series, "Data Science Use Cases in Insurance."

This article is Part 1 in a 5-part series titled "Data Science Use Cases in Insurance." Today everyone is talking about Artificial Intelligence (AI). But what is AI? AI is a science that enables computers to think like human beings. Is AI a new concept in the field of computer science? No, AI has been around for more than half a century now. (The term “Artificial Intelligence” was coined in 1956).