The Earnix Blog: Resources for Insurance and Banking Leaders

L’IA révolutionne aujourd’hui le secteur de l’assurance en améliorant la souscription, la gestion des sinistres, le service client et le développement de produits. Elle a déjà fait ses preuves en automatisant des tâches manuelles, en améliorant les pratiques d’évaluation des risques, en détectant les fraudes, en personnalisant les interactions avec les clients et en permettant une tarification prédictive.

The use of synthetic data has expanded greatly the options in the world of analytics and data science, and has found traction in many corners of the insurance industry. It has yet to find wide usage in specialty markets. In these markets, failure to take full advantage of synthetic data runs the risk of suboptimal decisions and the resulting negative impacts to profitability.

Model Accelerator gives insurance analytics teams newfound freedom to choose whatever tools they prefer for modeling, incorporating virtually any model from other frameworks and formats, including transformations.

When combined with Earnix Price-It^TM and Earnix Underwrite-It^TM, teams can leverage their past investments in models, including those currently in simulation and production, adding to their agility and flexibility, and reducing the time required to react to market changes, including competitive actions.

As insurers seek the enormous business benefits of dynamic pricing, personalization, and real-time risk assessment, they inevitably turn to artificial intelligence (AI) as their “go-to” technology.