We are proud to announce the world's first Artificial Digital Actuary!
We are very proud and excited to announce the release of Ada. Our Artificial Digital Actuary. This is a huge accomplishment for Mulberry and something long-awaited in the insurance market.
Mulberry Risk are the first to see the potential of computing to advance actuarial and data analytics for MGAs, and to implement this. Ada is the world's first digital actuary, enabling you to access actuarial and data science modelling skills via our client portal, Mulberry Connect.
We use artificial intelligence to manage our data processes and deliver modelling insights. Ada allows us to scale and deliver extremely fast service to our clients at a cost our competitors cannot match.
We have named our Artificial Digital Actuary in honour of Ada Lovelace and thought it fitting to launch it on the anniversary of her birthday - 10th December 1815. Ada Lovelace was an English mathematician and was known for her work on the Analytical Engine (Charles Babbage's general-purpose computer). The machine had applications greater than just calculation, and she was the first to see this and published the first algorithm to be used by this type of machine.
She is often considered the first computer programmer.
Why a Chameleon I hear you ask?
Chameleons have the largest magnification of any vertebrate. This gives you a 360-degree magnified view of your data and looks for risks in your business. Each eye of the Chameleon can pivot and focus independently characterised in Ada by observing different pieces of data simultaneously.
Chameleons can change colour to communicate, much like our visual representation of data.
Chameleons are also full of character. Just like us!
The Chameleon Who Came To The Market
Written by David Hughes