So, what are the best collaborations in history? Eric Clapton lends a mighty ‘slow’ hand to The Beatles’ While My Guitar Gently Weeps. Ben Cohen and Jerry Greenfield shared a passion for the frozen stuff before going into business together. Today they are worth an estimated $150m, each. And I’m not even going to mention what became of the pairing of the ‘Steves’, as in Jobs and Wozniak.
Machine learning collaboration
At Software Solved we’ve got our very own and very exciting collaboration going on. It’s not music or food related even though we do have plenty of talent in that department. But we’ll save that for a later blog.
We’ve teamed up with some very clever people at Plymouth University and our client RSA UK. Backed by funding from Innovate UK, we have collectively fired the starting gun on an exciting two-year research programme into machine learning and advanced data analytics for the corporate insurance sector.
Data insight
Leveraging data architectures to model relationships and interactions to mitigate risk, the aim is to derive greater value from the large volumes of datasets used in the industry.
Dr Ian Howard and Dr Luciana Dalla Valle of the University of Plymouth are providing research expertise in the areas of machine learning and pattern recognition, data modelling, statistics and predictive analytics, with Aneeq Ur Rehman, Knowledge Transfer Partnership Associate, being based at Software Solved for the project.
RSA UK role
RSA UK are another key partner in the project. We already have a close working relationship with them. Their underwriters use the award-winning RSAred application for a real-time view of risk, along with a secure, mobile-accessible client risk portal for brokers and customers to understand, benchmark and manage property and casualty risk in real time, both created by Software Solved.
With all this in mind, and with RSA UK’s experience as one of the world’s longest standing and most forward-thinking of general insurers, it made perfect sense to invite them to be part of the project. They will be providing the data and working closely with us so they and their clients can benefit from the advantages of automated data integration in risk assessment.
We’ll be updating everyone on the project as it progresses and we will be looking to hold some workshops at key milestones to involve and share with others.
Special thanks to Innovate UK for funding the project and if you’d be interested in joining one of those workshops (in person or online), or if there are other truly great collaborations we clearly should have flagged, then walk this way and tell me! jon.stace@softwaresolved.com
Jon Stace, Principal Technical Consultant and project lead
