The future is predictive. Are you ready?

Today’s insurers are increasingly looking to move away from traditional reactive underwriting and embrace new predictive approaches. They are attracted by the promise of higher STP rates, a reduced need for evidence and a better customer experience. But, while many understand the benefits predictive technologies offer, the challenge has been how to turn a great idea into a robust real-world solution.

The answer? ALLFINANZ Predictor from Munich Re.

Predictor allows forward-thinking insurers to operationalize, monitor and manage predictive models within their underwriting process. It removes many of the barriers that have prevented carriers adopting predictive underwriting to date. And it opens a clear path to lower referral rates, reduced evidential burden and improved customer journeys.

Predictor enables insurers to rapidly adopt predictive underwriting with modules spanning data preparation, model deployment, integration and performance monitoring:

• Predictor Transform accelerates the entire process of data discovery so you can rapidly develop predictive models.
• Predictor Cloud streamlines model deployment in our secure cloud solution ensuring you get the availability, performance and security you need.
• Predictor Connect simplifies the process of integrating your predictive model with your production system. What’s more, it does this without the need for any code integration and ensures underwriters remain in control at all times.
• Predictor Vision enables you to clearly monitor performance with dedicated dashboards and key reports available right out of the box.

Outside the core Predictor solution, we also offer a range of services to help further streamline your move to a predictive future.

Our expert team can support you with everything from data extraction, deployment support and project planning through to process flow design, rule book support and dashboard design.

Ultimately, it means you can realize your vision sooner and begin seeing the benefits fast.