Lucd builds advanced Enterprise AI solutions including advanced pandemic event driven simulation modeling, AI powered workforce insights, supply chain analytics, etc...
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Apr 20, 2020
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Insurance and Finance | AI Led Digital Transformation in Challenging Times

Lucd JedAI Avicenna | Insurance and Finance - Annuity and Investment




Technology driven companies are emerging across all verticals. These tech savvy organizations leverage dynamic, industry leading technology and speed to market capabilities that can be a hinderance to traditional vertical leaders. The insurance and financial markets are not immune to this pressure. Large insurance and financial firms are slow in many ways to pivot and adopt such technology and strategies. While economic pressures, budgets and cultural adoption challenges headline this resistance to change, the market is pressing forward. Artificial Intelligence is a leading technology which delivers new insights from traditionally ignored data points which can provide demonstrable benefit and transform the organization by delivering new outcomes.

Lucd’s JedAI Insurance and Finance solutions are able to work along side traditional analytical and business intelligence tools and fuse nontraditional data sources. Lucd JedAI is able to fuse data from all sources regardless of data type including realtime data, imagery data, NLP etc to run simulation models for risk and investment. The results allow organizations to more effectively manage financial decisions and risk assessment.



As an example, Lucd JedAI lead a risk assessment project associated with disaster. The responsible party needed to assess financial risk associated with a tragic event to which compensation exposure hinged on evaluation of dozens of data sources. These data sources included geospatial data, hand written notes, temperature data, weather data, stored data, voice records and many others. These data sources did not fit the traditional capabilities. Lucd JedAI was able to provide a simulation model which assessed compensatory exposure. This resulted in financial market stability and provided accurate risk assessment.

In many ways, organizations are not fully prepared for the impact of today's challenges. Insurers and financial firms are combating a new set of industry threats. Lucd JedAI is able arm insurance and financial firms with the tools and capabilities needed by leveraging enterprise ready AI. Lucd JedAI delivers the most secure, governed and explainable enterprise AI.

Contact us at www.lucd.ai for a free solution assessment. For a free trial of the user client, simply download the client and give your business the tools that it needs to make the best decisions.

Introducing Lucd JedAI Avicenna | AI Led Digital Transformation in Challenging Times

Event Driven Simulation Modeling


Events can drive behavior. Simulation models can leverage valuable data to model a discrete sequence of events in time. Whether it is pandemic response planning or preparedness for the next disruption an organization may face, simulation models can provide forward looking insights. This can not only be done for response during an event but also it can be used to address challenges post-event. In the case of hospitals and health organizations, what will the future hold?

Hospitals and Health Systems Leverage Simulation Models with Lucd Enterprise AI to Plan and Prepare

  • Hospitals ability to handle the surge of elective surgeries?
  • Staff planning for procedures?
  • Restrictions/mandates impact while delivering these procedures?

Lucd’s Data Fusion and agent level analysis enables planning, actions and mitigation for targeted and efficient command and control. Given real-time data capabilities helping organizations consume that data and create simulation models. The results allow organizations to more effectively manage personnel, finances, logistics, supply chain and countless other impacted areas.

Through Lucd’s AI simulation capabilities in relation to today’s crisis, Lucd ingests real-time COVID -19 data coupled with hospital patient information, bed counts, fire department, police and ambulance information and more in order to look forward and enable planning and preparedness. As hospital organizations attempt to plan for the new normal, Lucd’s event driven simulation models provides these outlooks.

In many ways, organizations were not fully prepared for the impact of today's crisis. Hospital management will now be able to manage, staff and plan for the likely surge of elective surgeries as the current crisis progresses. This capability will reduce cost, maximize revenue and mitigate risk as the new normal and its guidelines govern business practices.

Give your team the tools it needs to properly prepare. The Lucd event driven simulation model is now available for free trial for your business. Simply download the client and give your business the tools that it needs to make the best decisions.

Lucd is pioneering the creation of Enterprise AI with it’s end to end platform.

About This Software

The Lucd Client provides an immersive easy to use user experience that facilitates a collaborative approach to Visual Analytics (understanding data) and Exploratory Data Analysis (preparing and transforming data for analysis) and is the primary mechanism to accomplish these tasks with a secure interface into the Lucd Unified Data Space (UDS). The stunning 3D UI accesses the UDS remotely via a secure network connection (SSL/TLS).

System Requirements

Windows
Mac OS X
    Minimum:
    • Requires a 64-bit processor and operating system
    • OS: 10
    • Memory: 4 GB RAM
    • Network: Broadband Internet connection
    Recommended:
    • Requires a 64-bit processor and operating system
    • OS: 10
    • Memory: 8 GB RAM
    • Graphics: Discreet GPU
    • Network: Broadband Internet connection
    Minimum:
    • Requires a 64-bit processor and operating system
    • OS: 10.10
    • Processor: 1.8 GHz
    • Memory: 4 GB RAM
    • Network: Broadband Internet connection
    Recommended:
    • Requires a 64-bit processor and operating system
    • OS: 10.10
    • Memory: 8 GB RAM
    • Network: Broadband Internet connection

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