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AI Use Case
Enhance life insurance by improving life expectancy prediction and underwriting risk by analysing selfies
Enhance life insurance by improving life expectancy prediction and underwriting risk by analysing selfies (startup Lapetus). Selfies will provide key indicators - potential alcoholic intake for example. This will raise privacy concerns in markets like Europe,
Function
Benefits
Risk reduction - Evaluate counter-party risk (eg credit scores),Revenue - Pricing optimisation
Case Studies
Lapetus~Lapetus is tests a platform to assess smoking status and other health indicators using selfies for insurance purposes
Potential Vendors
Lapetus
Industry
Financial Services
Insurance
Data Sets
Images
AI Technologies
Machine Learning (ML),ML Task - Prediction - Regression,ML Task - Prediction - Annotation
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