AI Use Case

Develop enhanced or new insurance proposition based on monitoring actual behaviours

Develop enhanced or new insurance proposition based on monitoring actual behaviours (e.g. telematics, driving behaviour, health sensors). Whilst this has consumer risks it does offer lower potential pricing.

Function

Benefits

Revenue - New product,Revenue - Pricing optimisation,Risk reduction - Evaluate counter-party risk (eg credit scores)

Case Studies

Intel~Intel proposes an automated and proactive healthcare platform to analyse data from wearable devices

Potential Vendors

Industry

Financial Services

Insurance

Data Sets

Structured / Semi-structured,Time series

AI Technologies

Machine Learning (ML),Traditional AI,ML Task - Prediction - Regression,ML Task - Action Selection - Reinforcement Learning