Health Insurance
Health insurance research currently focuses on leveraging machine learning and artificial intelligence to improve efficiency and personalization. This involves using various regression models (e.g., gradient boosting, random forest) for cost prediction and risk assessment, as well as exploring the application of neural networks for modeling complex insurance processes like life insurance and the use of large language models to automate policy processing via smart contracts. These advancements aim to enhance both the accuracy of actuarial modeling and the accessibility and transparency of insurance products for consumers. The ultimate goal is to optimize insurance pricing, improve customer experience, and facilitate more informed decision-making for both insurers and policyholders.