Question: Can you recommend an insurance technology solution that uses AI-powered modeling for more accurate risk prediction and underwriting?

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Quanata

If you're looking for an insurance technology solution that uses AI-powered modeling for better risk assessment and underwriting, Quanata is a good choice. This cloud-based platform combines contextual and behavioral risk modeling with real-time telematics data for better risk assessment. It also offers a variety of innovations, including risk-aware targeting for marketing, AI-assisted claim optimization and telematics-based rewards programs, so it's a good all-purpose insurance option.

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Cambridge Mobile Telematics

Another good choice is Cambridge Mobile Telematics. This service provider uses IoT data from devices like smartphones, connected cars and dashcams to offer insights into vehicle and driver behavior. Its platform can assess risk, improve safety and lower claims, which is useful for auto insurers and other mobility companies that want to improve their risk assessment and underwriting.

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ForMotiv

ForMotiv is a behavioral analytics platform designed for the insurance industry. It can assess tens of thousands of digital behavioral data points in real-time to predict user intent and guide the next-best-action for each applicant. The platform is designed to predict purchase intent, reduce premium leakage and improve agent oversight, so it's a good choice for carriers that want to improve their underwriting.

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Sentiance

If you want a more mobile-first approach, Sentiance is designed to improve road safety by collecting on-device motion insights to counteract human error. With features like driving insights, crash detection and lifestyle insights, it offers a privacy-first approach to data collection and processing. The platform can be used by insurance companies to improve driver safety, lower loss ratios and increase customer engagement.

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Quandri

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AlphaWatch

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Synerise

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