Description
Cyber insurers use AI to assess cyber risk for prospective policyholders — analysing security posture, vulnerability exposure, and historical incident data to generate more accurate premium pricing.
Benefits & ROI
Cyber insurers on Google Cloud use Vertex AI for cyber risk underwriting. Insurers report improvement in loss ratio from more accurate AI-based cyber risk assessment and pricing.
Technology & data
Vertex AI; security posture data; vulnerability databases; incident history; cyber risk models; premium calculation.