Real-Time Scoring Service is a product from
EagleEye says Real-Time Scoring Service is a cloud-based solution designed to make the firm's machine learning-based technology available in real time. The solution is intended to be embedded in front-end policy management systems, and data is presented in a dashboard format. This allows executives to manage profitability by line of business, customer segment and producer, and understand the lifetime value of these components of the portfolio.
The two companies, units of Japan-based Tokio Marine Holdings Inc., said the decision will affect 12,556 policies with premiums of $11.3 million.
Startup life insurance brokerage launched in 2021 adds new capability as it expands its reach of carriers and agents using the service.
Four strategies for insurance companies aiming to leverage AI's potential.
El Nino, which brings dry and hot weather to Southern Africa, has decimated harvests of corn across the region.
Insurers embedding coverage in other venues are finding the practice adds risks, and agents point to their value for interpreting coverage to policy buyers.
Allstate found that customers who use Drivewise are 25% less likely to experience a severe collision than those who don't.
