The data basis additionally opened the reinsurance market and created around 1.5 million new sales opportunities.
Led by Beyonetix founders and senior engineers. Figures per the respective project report.
Track record · Insurance brokers
For large insurance brokers (among them one with over 300,000 managed customers and one with almost 4 million customers and 5,500 advisors) contract portfolios were analysed with AI: as a benchmark for underwriting and risk prevention, and as a digital pipeline for policy processing.
The challenge
Price and coverage drivers were barely transparent for customers; insurers lacked data for well-fitting proposals. Industry benchmarks were rarely available and hardly transferable.
Historical contract data existed in an enormous variety of formats, making automation correspondingly complex.
The solution
Technology
The data basis additionally opened the reinsurance market and created around 1.5 million new sales opportunities.
Led by Beyonetix founders and senior engineers. Figures per the respective project report.