Explainable artificial intelligence (xai) in insurance

E Owens, B Sheehan, M Mullins, M Cunneen, J Ressel… - Risks, 2022 - mdpi.com
Explainable Artificial Intelligence (XAI) models allow for a more transparent and
understandable relationship between humans and machines. The insurance industry …

A comprehensive review on financial explainable AI

WJ Yeo, W van der Heever, R Mao, E Cambria… - arXiv preprint arXiv …, 2023 - arxiv.org
The success of artificial intelligence (AI), and deep learning models in particular, has led to
their widespread adoption across various industries due to their ability to process huge …

What makes accidents severe! explainable analytics framework with parameter optimization

A Ahmed, K Topuz, M Moqbel, I Abdulrashid - European Journal of …, 2024 - Elsevier
Most analytics models are built on complex internal learning processes and calculations,
which might be unintuitive, opaque, and incomprehensible to humans. Analytics-based …

When to choose ranked area integrals versus integrated gradient for explainable artificial intelligence–a comparison of algorithms

V Singh, I Konovalova, AK Kar - Benchmarking: An International …, 2023 - emerald.com
Purpose Explainable artificial intelligence (XAI) has importance in several industrial
applications. The study aims to provide a comparison of two important methods used for …

Prediction of bank credit worthiness through credit risk analysis: an explainable machine learning study

V Chang, QA Xu, SH Akinloye, V Benson… - Annals of Operations …, 2024 - Springer
The control of credit risk is an important topic in the development of supply chain finance.
Financial service providers should distinguish between low-and high-quality customers to …

How much do we see? On the explainability of partial dependence plots for credit risk scoring

G Szepannek, K Lübke - Argumenta Oeconomica, 2023 - journals.ue.wroc.pl
Risk prediction models in credit scoring have to fulfil regulatory requirements, one of which
consists in the interpretability of the model. Unfortunately, many popular modern machine …

[HTML][HTML] Credit Risk Assessment and Financial Decision Support Using Explainable Artificial Intelligence

MK Nallakaruppan, H Chaturvedi, V Grover… - Risks, 2024 - mdpi.com
The greatest technological transformation the world has ever seen was brought about by
artificial intelligence (AI). It presents significant opportunities for the financial sector to …

Explainable Machine Learning Models for Credit Risk Analysis: A Survey

S Kaisar, ST Sifat - Data Analytics for Management, Banking and Finance …, 2023 - Springer
Data analytics in financial applications has evolved as a result of technological
improvements, increased data availability, and the necessity for financial institutions to make …

AI-Driven Credit Scoring and Credit Line Solution for the Unreserved and Self-Employed

T Kumbhar, D Agrawal, L Saldanha… - … on Inventive Computing …, 2024 - ieeexplore.ieee.org
The financial industry's rapid evolution emphasizes the importance of accurate credit
scoring, crucial for decision-making and timely access to loans. Challenges arise due to …

[PDF][PDF] Explainable Artificial Intelligence (XAI) in insurance. Risks 10: 230

E Owens, B Sheehan, M Mullins, M Cunneen, J Ressel… - 2022 - academia.edu
Explainable Artificial Intelligence (XAI) models allow for a more transparent and
understandable relationship between humans and machines. The insurance industry …