Skip to main content

Innovation and Analytics

Reimagine Your Insurance Business Through Data

Our Expertise

Insurance and actuarial knowledge, Comprehensive Advanced Analytics, Data Quality, and Process Automation Services

Machine Learning & Deep Learning

  • We utilize advanced machine learning and deep learning models to gain deeper insights into your business.
  • Our solutions help predict trends, optimize operations and enable better business decisions.

End-to-End Data Processing

  • We manage the complete data processing lifecycle, from collection and processing to analysis.
  • We apply best practices to ensure data accuracy, consistency and completeness.

Process Automation

  • We implement automation technologies to reduce manual operations, increase efficiency and minimize operational risk.
  • Our solutions automate repetitive tasks, allowing employees to focus on more strategic activities.

Actuarial & Insurance Expertise

  • We combine advanced technologies with deep actuarial knowledge and experience.
  • Our services consider industry specifics and regulatory requirements, ensuring compliance and operational security

Advanced Pricing and Telematics

  • We work with our clients to develop or improve their pricing process, help them make their prices more competitive and meet their profitability targets.
  • We help pricing teams to implement new or adjust existing pricing software
  • We promote innovative Insurtech solutions (eg. telematics) to enhance existing pricing models, develop usage-based insurance products and create reward programs to encourage safer driving.

Internal Models

  • We offer support in preliminary cost-benefit analysis with respect to the implementation of partial internal models and full internal models
  • We help clients to define the scope of the model, devise an appropriate methodology, derive parameters and develop a framework for managing and validating the model
  • We assist in the communication with the supervisor

GenAI

  • We support insurance companies in the development and implementation of solutions using GenAI

Innovative InsurTech Solutions

  • We have established a network of partnerships with innovative insurtech companies from around the world and we support our insurance clients in implementing solutions that are best suited to their business profile and offer the greatest added value
  • We cooperate with companies that introduce solutions in areas such as advanced data analysis, artificial intelligence (AI), dynamic pricing, process optimization, claim handling, fraud detection, risk management, and usage-based or wellness programs..

Seamless Implementation of New Regulations

  • We support our clients in understanding new insurance regulations and their impact on the organization
  • We offer comprehensive support in implementing and ensuring compliance with all regulations affecting insurance companies, such as the ESG framework (SFDR, IDD, CSRD, Taxonomy), Solvency II, IRRD, PDS3, AI oversight, and fairness.

Support in the insurance area for non-insurance clients.

  • We support companies in optimizing their insurance programs
  • We support clients in analyzing the applicability of alternative risk mitigation solutions (e.g., captives, self-insurance etc.).

Advanced Analytics and Insights

  • We perform exploratory data analysis to recognize patterns and abnormalities, and visualize insights to inform business decisions.
  • We use predictive and prescriptive analytics – we develop machine and deep learning models for both life and non-life insurance products to improve pricing, assumption modelling, forecasting, risk management and regulatory reporting, detect anomalies in the results of actuarial models and make disclosures under IFRS 17, Solvency II and local GAAPs.
  • We use business intelligence to design and develop solutions for analytics and reporting purposes, including UX/UI design.

 

Business Impact

Maximize Business Impact with Advanced Analytics & Process Automation

Unlock the full potential of your data with our advanced analytics, data quality, and process automation services. Our solutions not only enhance accuracy and efficiency, but also deliver substantial cost savings and ensure regulatory compliance.

  • Proactively identify and address potential risks with advanced predictive analytics and anomaly detection
  • Leverage comprehensive insights and data-driven strategies to drive business growth and innovation
  • Gain a competitive edge with the ability to swiftly adapt to market changes and emerging trends through advanced analytics
  • Streamline operations and reduce manual interventions, leading to substantial cost efficiencies
  • Quickly enhance the accuracy of inputs and calculation results through advanced data validation techniques
  • Utilize precise and reliable analytics to make informed business decisions and mitigate risk
  • Achieve consistent and reliable data flow from source to analysis, enhancing overall data governance