Overview
Propensity to Claim addresses the real world needs of today’s insurers, MGAs and delegated authority underwriters by assisting you to manage the quality and profitability of your loss ratios. Insurers can support their actuarial modelling via an enrichment API call.
The propensity to claim model provides valuable machine learning insights on risk selection, giving insurers an extra degree of confidence.
By providing in-house historical data, insurers can further enhance predictive accuracy by using the enhanced propensity to claim model.
Overview
Propensity to Claim addresses the real world needs of today’s insurers, MGAs and delegated authority underwriters by assisting you to manage the quality and profitability of your loss ratios. Insurers can support their actuarial modelling via an enrichment API call.
The propensity to claim model provides valuable machine learning insights on risk selection, giving insurers an extra degree of confidence.
By providing in-house historical data, insurers can further enhance predictive accuracy by using the enhanced propensity to claim model.
Propensity to Claim key benefits
Assists the underwriting decision-making process.
Results at point of quote.
See positive improvements on Loss Ratios and Cost Operating Ratios.
Reduce your number of potential claims.
Leverage your existing investments (Open GI infrastructure).
Propensity to Claim key benefits
Assists the underwriting decision-making process.
Results at point of quote.
See positive improvements on Loss Ratios and Cost Operating Ratios.
Reduce your number of potential claims.
Leverage your existing investments (Open GI infrastructure).
How does it work?
How does it work?
