AI Use Cases in Insurance


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Use Cases


Submission Triage

Prioritize submissions so that underwriters can spend their time on the highest expected value opportunities.


Policy Retention Optimization

Leverage attrition prediction and profitability to optimize premium and combined ratio of retained policies.


Claims Severity Prediction

Use historical data to predict the future cost of a claim upon receipt of the first notice of loss.


Fraud Exposure Reduction

Shield your bottom line from invisible threats. Use AI to identify fraudulent claims before they drain your resources, saving you millions and protecting your policyholders.


Expense Ratio Analysis

Identify and capture opportunities to reduce your expense ratio. Be as proactive and disciplined about your expenses as you are about your losses.


Identify Your Best Partners

Increase bind rates, improve combined ratio, and get the best rates by using AI to cluster your distribution partners into similar groups to optimize go to market strategies.

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Dig In: AI Use Cases in Insurance