Insurance Pricing Accelerator
The Insurance Pricing Accelerator contains components for managing the full insight-to-action cycle of an Algorithmic Insurer. The insight components allows wrangling and analysis of historical quote data which results in a propensity model and includes several out-of-the-box models to choose from. A model is then deployed to the action components, which operate in real-time on quote requests as they are submitted. Each quote is scored and a price and commission profile, fully customized for each individual customer. Overall health of the system as well as model effectiveness can be evaluated on a real-time dashboard.