Description
Manage premium and risk pricing for underwriting
Key considerations
Upside3
Linked Case Studies
Case Study
Aviva
Aviva offers up to 30% discounts on insurance premiums based on actual driving behaviour that is monitored and analysed through machine learning
Case Study
QBE Insurance Group
QBE group plans to measure risk at individual level to calculate optimum premium price using machine learning
Case Study
AXA
AXA used deep neural networks to increase the predictability of a customer large traffic accident from 40% to 78%
Case Study
Allstate
Allstate is offering pay-as-you-drive plans based on measurement and analysis of customer real-time driving behaviour resulting in up to 30% reduction in premiums
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Source: kaggle.com · Editor: original-sdg