Question: Is there a platform that offers customized behavioral analytics solutions for different insurance markets, such as life, home, or auto insurance?

If you're looking for a platform that can provide customized behavioral analytics solutions for different insurance markets such as life, home, or auto insurance, ForMotiv is a great option. ForMotiv's platform ingests hundreds of unique behavioral data signals and converts them into actionable intent scores through machine learning algorithms. The platform is designed for a variety of insurance markets, including life, home, auto and commercial insurance, with features like real-time behavioral intent data and seamless integration. With over 1 million insurance applications analyzed and 1 trillion unique behavioral micro-expressions captured, ForMotiv provides accurate predictions of user intent and guides the next-best-action for each applicant.

Another great option is Quanata, which provides a contextual risk prediction and mitigation solution for the insurance industry. Quanata uses AI-assisted modeling, real-time telematics and risk-based acquisition innovations to deliver actionable and predictive risk insights. The platform helps insurers predict risk through contextual and behavioral risk modeling, mitigate risk through digital experiences and telematics-driven rewards programs, and modernize claims through AI-assisted claim optimization. This holistic approach can help improve underwriting, marketing and claims for a variety of insurance markets.

For auto insurance specifically, Cambridge Mobile Telematics uses millions of miles of driving data to help drivers understand their behavior and vehicle dynamics. The platform aggregates data from IoT devices like smartphones, dashcams and connected cars to provide a single view of vehicle and driver behavior, powering risk assessments, safety, claims and driver improvement programs. This technology is used by industry leaders and has been shown to reduce risky behavior like phone distraction and speeding in as little as 30 days.

Last, Arity provides mobility data and analytics solutions that can be very useful for insurance companies. Arity uses trillions of miles of driving data to deliver insights into actual driving behavior, targeted marketing and safer roads. Their solutions include Arity IQ℠ for driving behavior insights, Arity Audiences for targeted marketing, and Crash Detection for emergency services. This platform can help increase profitability and productivity through more accurate pricing, better customer retention and safer roads, making it a great option for the insurance industry.