Browsing by Author "Brown, Carol E."
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Item Open Access Application of Expert Systems in Insurance Regulation(National Association of Insurance Commissioners, 1989-09) Nielson, Norma; Brown, Carol E.This article describes how existing expert systems in parallel disciplines might be used to address problems facing insurance regulators. It further describes how an expert system might enhance the value of the NAIC's IRIS system. It concludes with descriptions of the processes involved in building an expert system and the costs and problems likely to be encountered.Item Open Access An Expanding Employee Benefit: Personal Financial Planning with Expert Systems(Institute of Management, 1990-09) Nielson, Norma; Phillips, Mary Ellen; Brown, Carol E.When a provider of personal financial planning services uses an expert system to prepare plans, the cost per plan is substantailly reduced and the quality of plans is more consistent. Because of the reduced cost and increased quality, an employer can consider providing comprehensive personal financial planning to many more employees than currently are receiving this benefit.Item Open Access Expert Systems for Personal Financial Planning(The Institute of Certified Financial Planners, 1990) Nielson, Norma; Brown, Carol E.; Phillips, Mary EllenComputer capability is expanding to provide users access to the judgments of the bell experts in a given field, including personal financial planning, through computer programs called expert systems. Personal financial planning expert systems can be classified as either integrated systems, which provide solutions to all aspects of financial planning or specialized systems, which focus on a smaller knowledge domain. This article discusses the various integrated personal financial planning expert systems in use. The article also discusses financial planning expert s systems based on the approach used in their development and the characteristics that should be considered in selecting a System.