AI for insurance
ALLFINANZ Predictor enables an augmented underwriting future
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ALLFINANZ Predictor allows your business to combine AI technology and data to integrate predictive models into your existing underwriting journey.
You can tailor underwriting processes to your specific needs and reduce the time and cost to integrate predictive models into your point of sale (PoS) underwriting.
Also get real-time data on the performance of your models while future-proofing your business by enabling your path to a brighter augmented underwriting future.
ALLFINANZ Predictor modules
Connect: Rule Engine Integration
Seamless model integration into existing underwriting workflow.
Transform: Data Preparation
Structured data in an AI-ready format.
Cloud: Deployment
Manage predictive model in secure cloud environment.
Vision: Model Monitoring
Explainable AI and performance dashboards.
Predictive underwriting benefits
Increase STP rates
Improve traditional underwriting engine results for quicker decision making.
Better customer experience
Predictive analytics provide low risk applicants with a more streamlined application, decreasing 'not taken up' (NTU).
Speed to market
Deploy predictive capabilities quickly and easily to Azure in any region with minimal IT involvement.
Empower your underwriters
Our UI-based configuration empowers your underwriters to define and customise without IT support.
Regulatory compliance
The platform supports the transparency and explainability of model decisions to ensure responsible AI.
Continuous model training
New data continuously trains model to ensure stable model performance, avoiding model drift.
Save time and money
Leverage predictive models to influence the behaviour of the engine and reduce evidence requirements.
Enhanced underwriting accuracy
Integrating deep domain knowledge with other data sources improves profitability.
Work with our team of data experts
Predictor manages complexity and ensures a rapid go-to-market pathway which is more efficient and cost effective than in-house development. It offers a hybrid of rules, predictive models and humans, combining to ensure fair and ethical underwriting that aligns with your philosophy.
Patrick Greene
Munich Re Automation Solutions
VP of Data
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