Description
Product Category : User Cases
Format : PDF
Anticipating Future Risks for Smarter Insurance Decisions.
Predictive risk modeling uses AI to create risk assessment models based on historical data, market trends, and customer profiles. These models help insurers anticipate potential risks more accurately, allowing them to adjust coverage, set premiums, and develop targeted risk management strategies. By leveraging machine learning algorithms, insurers can refine these models over time, improving the precision and reliability of risk predictions.
